Refer to Table 2.2. According to the principle of absolute advantage, Japan should
a. export steel.
b. export VCRs.
c. export steel and VCRs.
d. not trade in anything, as there is no basis for gainful trade.
d. not trade in anything, as there is no basis for gainful trade.
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Which of the following is NOT an example of fraud in the acquisition and payment cycle?
a. Theft of inventory by employees. b. Inventory shrinkage. c. Large manual adjustments to inventory accounts. d. Excess inventory because of a production slowdown.
Answer the following statements true (T) or false (F)
1. When there is short-term high demand, an organization should add capacity to fix the waits. 2. The design day and the capacity day are both concepts used by organizations to predict guest demand. 3. Any waiting-line model must include the number of guests arriving and how long it takes to serve guests. 4. The single-channel, multi-phase queue is essentially two or more single-channel, single-phase queues in sequence. 5. “People don’t want to wait in two lines” has been said to be a disadvantage of multi-phase queues.
Which statement effectively uses specific language to help the receiver understand the message?
a. Please send the information at your earliest convenience. b. Please send the price estimate ASAP before our next meeting. c. Please send the cost estimate for the chairs to the following address by June 1. d. Thank you in advance for sending the estimate.
The decision-making control in which local units are given autonomy is characteristic of a(n) ________.
A. transnational network structure B. international division structure C. global product division structure D. global area division structure