Sawyer Components manufactures high-cost, customized roller parts for paper mills and is expanding into China because of the opportunity for significant growth in this developing country.  The owner uses effective global strategies and is aware of threats from foreign competitors.  This illustrates that the owner has a global:

A. advantage
B. imperative
C. vision
D. outsource
E. introspection


Answer: C

Business

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On January 1 . 2014, Reds Corporation adopted a defined benefit pension plan. The plan's service cost of $140,000 was fully funded at the end of 2014 . Prior service cost was funded by a contribution of $50,000 in 2014 . Amortization of prior service cost was $14,000 for 2014 . What is the amount of Reds' prepaid pension cost at December 31 . 2014?

a. $36,000 b. $60,000 c. $84,000 d. $90,000

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Filipina women have found a large international demand for their services as caregivers to children and to the elderly. Why has Canada been a particularly popular destination?

a. The U.S. economic downturn has made the United States less desirable. b. Iran’s crack down on religious behavior has made Iran less desirable. *c. Canada’s Live-in Caregiver Program has made it desirable. d. Mexico’s crime rate has made Mexico less desirable.

Business

Projects are classified differently depending on the location of the project and whether or not the customer is foreign or native. Identify and briefly describe the four possible classifications for projects.

Fill in the blank(s) with the appropriate word(s).

Business

For every home built by Habitat for Humanity, Whirlpool Corporation has given and continues to give free kitchen appliances to the deserving family. This donation of appliances is an example of how companies assume their:

A. corporate social responsibility B. ethical conveyance C. duty to engage in cause marketing D. right to engage in social marketing E. multiculturalism

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