What is wrong with the rule that firms should invoice their customers in hard currencies?
What will be an ideal response?
Invoicing in hard currencies forces the customer to assess the probability distribution of future exchange rates between the customer's currency and the hard currency. If the MNC can do this better or assess it more rationally, then the MNC can increase sales to those who would otherwise not purchase the product. Invoicing in hard currencies also shifts the foreign exchange risk to the customer who may be less sophisticated and less able to manage the risk.
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Larry proposed the purchase of a new Epson copier to his boss. Amir said that he has always used and liked Xerox copiers, but when he thinks about it later, he realizes he does not really feel strongly about the brand of copy machine used in the office. Amir should probably adopt a(n) ______ conflict-handling style when trying to resolve this matter with Larry.
A. avoiding B. accommodating C. compromising D. forcing E. collaborating
Michael Dell of Dell Computer explained:"We tell our suppliers exactly what our daily production requirements are so it is not, "Well, every two weeks deliver 5,000 to this warehouse, and we'll put them on the shelf, and then we'll take them off the shelf." It is, "Tomorrow morning we need 8,562, and deliver them to door number seven by 7 am."How does the supply chain management software allow this to happen? And how does it save Dell money?
What will be an ideal response?
In perpetual inventory system with process costing, the cost of units sold is recorded by debiting Cost of Goods Sold and crediting ________.
A) Finished Goods Inventory B) Sales Revenue C) Work-in-Process Inventory D) Wages Payable
The National Institute for Occupational Safety and Health routinely works with other world government health organizations through:
A. NATO B. NAFTA C. BBC D. WHO E. INTERPOL