Mewpeth, an Asian nation, is the world's largest producer of cotton. The country was able to achieve this status by increasing the production of cotton and compromising on the production of wheat. The given scenario exemplifies the concept of _____.

A. an absolute advantage
B. opportunity cost
C. balance of payments
D. a strategic alliance


Answer: B

Business

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Explain the conflict-handling styles a manager might adopt. Give an example of each. Under what circumstances is each style appropriate?   

What will be an ideal response?

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A strong culture is said to exist if ______ the norm.

a. there is agreement about the content of b. there is intensity about c. there is either agreement about the content of the norm or there is intensity about d. there is agreement about the content of the norm and there is intensity about

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The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's investment turnover?

A) 1.80 B) 2.25 C) 1.25 D) 1.4

Business

The market price of a share of common stock at the time of issuance was $19.50, while the market price of a preferred share of stock at the time of issuance was $32. The company paid $12.50 per share for its treasury stock.Required:Determine the missing amount in the stockholders' equity section of the balance sheet set forth below.STOCKHOLDERS' EQUITY Contributed Capital:?Preferred Stock, $2.00 par value, authorized 1,000,000 shares;?issued 300,000 shares$ ________ (a)?Additional Paid-in Capital________ (b)?Common Stock, $3.00 par value, authorized 40,000,000 shares; ________ (c)?issued 25,600,000 shares?Additional Paid-in Capital________ (d)?Total Contributed Capital________ (e)Retained Earnings305,683,000  Treasury Stock (10,000 shares, at cost)________ (f)Total

Stockholders' Equity$ ________(g) What will be an ideal response?

Business