The fixed cost per unit varies with changes in the level of activity

Indicate whether the statement is true or false


True

Business

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The principal hires an agent to manage his restaurant. As a result, the agent hires two people to

serve as waitstaff. The hiring of the waitstaff is an example of what type of authority? A) Express B) No authority C) Apparent D) Ratified E) Implied

Business

Research studies have shown that global brands are associated with these distinctive characteristics EXCEPT:

a. Higher quality b. Global myth c. Greater social responsibility d. Non-expressive

Business

What are some of the risks that foreign companies face in emerging markets due to the political and legal framework?

What will be an ideal response?

Business

Which of the following is not one of the factors that drive global sourcing performance? a. Centrally coordinated and centrally led decision making. b. Site-based control of operational activities

c. Ability to speak multiple foreign languages. d. Sourcing and contracting systems. e. International purchasing office support.

Business