If the dollar’s real exchange rate index increases, then American products become more affordable to foreign buyers.
a. True
b. False
b. False
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Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year: Direct materials used$5,000 Direct labor 7,000 Total factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000
A. $13,600. B. $17,100. C. $12,000. D. $16,100. E. $18,100.
The project organization works best when which of the following conditions are satisfied?
I. Work tasks can be defined with a specific goal and deadline. II. The job is typical and familiar to the existing organization. III. The work contains interrelated tasks requiring specialized skills. IV. The project is temporary but unimportant to long-term organizational success. V. The project cuts across organizational lines. A) I, II, III, IV, V B) None of the above conditions need to be satisfied. C) I, III, V D) I, II, III, V E) I, III, IV, V
When communicating with a laid off co-worker, you should feel free to ____.
A. share job leads B. provide books and articles C. offer client contacts or other types of references D. only a. and b.
Apple iPhoneApple Inc. iPhone went on sale on June 29, 2007. Apple's loyal and enthusiastic customer base is known for rushing to purchase its new products and the iPhone enjoyed a tremendous amount of "buzz" before its introduction. As expected, the iPhone entered the market at what many believed to be a high price ($599). However, within weeks the price was reduced to $399. By the end of 2007 over 8 million iPhones had sold in the U.S. marketplace. By most, if not all measures, the original iPhone was a huge success for Apple and it exclusive U.S. carrier AT&T.On July 11th, 2008, Apple Inc. released the iPhone 3G, which it advertised as twice as fast as the original iPhone for half the cost. However, in order to obtain an iPhone at the new price of $199, buyers had to agree to a
two-year service contract with AT&T. This allows iPhone users to receive phone calls and email, and search the web on the same device. A single charge of $59.99 from AT&T included 450 minutes of cellular calls, with free nights and weekend minutes, unlimited data, visual voicemail, 200 text messages, rollover minutes, and unlimited mobile-to-mobile service within the AT&T network. This approach succeeded and over a million iPhone 3Gs were sold during the introductory weekend.Refer to Apple iPhone. Apple and AT&T have several options available for competing with Samsung and its Instinct phone. If Apple and AT&T choose to compete by pricing their product at a low price to drive Samsung out of the market, this would be considered _____. A. price fixing B. retail price maintenance C. price discrimination D. predatory pricing E. fair competition