Answer the following statements true (T) or false (F)
1. When he or she does not speak the local language, a manager should rely on gestures and symbols since their consistency of meaning provides a form of universal communication throughout the world.
2. The Internet is a global network of independently operating but interconnected computers, linking hundreds of thousands of smaller networks around the world.
3. The buying and selling of goods or services over computer networks is
4. One reason e-business is so important is that the Internet dramatically lowers the cost of communication.
1. FALSE
Gestures and symbols don't have the same meaning to everyone throughout the world. For example, in Greece the hand-waving gesture commonly used in America for goodbye is considered an insult.
2. TRUE
The Internet is the global network of independently operating but interconnected computers, linking hundreds of thousands of smaller networks around the world.
3. FALSE
E-commerce, or electronic commerce, is the buying and selling of goods or services over computer networks.
4. TRUE
Information technology has facilitated e-business, using the Internet to facilitate every aspect of running a business. As one article puts it, "at bottom, the Internet is a tool that dramatically lowers the cost of communication. That means it can radically alter any industry or activity that depends heavily on the flow of information."
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A corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when the market rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the following statements is true?
A) The carrying amount increases from its amount at issuance date to $2,000,000 at maturity. B) The carrying amount decreases from its amount at issuance date to $2,000,000 at maturity. C) The amount of annual interest paid to bondholders increases over the 15-year life of the bonds. D) The amount of annual interest expense decreases as the bonds approach maturity.
Darke Corporation makes one product and has provided the following information:a.Budgeted unit sales for October, November, and December are 7,600, 9,000, and 10,100 units respectively. b.The ending finished goods inventory equals 40% of the following month's sales. c.Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $1.00 per pound. d.The direct labor wage rate is $19.00 per hour. Each unit of finished goods requires 3.0 direct labor-hours. e.Manufacturing overhead is entirely variable and is $11.00 per direct labor-hour. The estimated finished goods inventory balance at the end of November is closest to:
A. $250,480 B. $294,920 C. $383,800 D. $133,320
A strategy of maintaining a union's existing strength in its traditional membership areas through difficult times so it can capture unionization interest when nonunion workers finally become disillusioned with employer behavior is known as:
A. Uplift unionism B. Nonmajority unions C. Fortress unionism D. Union protectionism
Parents are required by law to provide necessaries for their minor children.
Answer the following statement true (T) or false (F)