When Johnson & Johnson Vision Care, Inc., located in Jacksonville, Florida, sells its ACUVUE contact lenses to people in London, England, the company

A. is importing the lenses.
B. is exporting the lenses.
C. has an absolute advantage.
D. is increasing the balance-of-trade deficit.
E. is making a big mistake.


Answer: B

Business

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Housholder Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year.     Estimated total fixed manufacturing overhead from thebeginning of the year$310,000 Estimated activity level from the beginning of the year 20,000machine-hoursActual total fixed manufacturing overhead$338,000 Actual activity level 18,300machine-hours The predetermined overhead rate is closest to:

A. $18.47 B. $15.50 C. $16.90 D. $16.94

Business

Conducting an ethics workshop based on a company’s code of conduct offers different opportunities and challenges than conducting an ethical decision-making workshop. Describe the differences and unique opportunities and challenges offered by each.

What will be an ideal response?

Business

Which of the following is not an effectiveness criterion for scheduling?

A) minimizing customer waiting time B) minimizing completion time C) minimizing WIP inventory D) maximizing utilization E) maximizing flow time

Business

Supervisory leadership is best described as behavior that

A. gives purpose and meaning to the organization. B. involves anticipation of changes. C. creates collaboration with others to initiate changes. D. involves envisioning and creating a positive future. E. provides support and corrective day-to-day feedback.

Business