LIFO assumes that inventory costs flow in the order incurred.

Answer the following statement true (T) or false (F)


False

Business

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PepsiCo experienced great success in Latin America with its Numeromania contest, which lured consumers by promising big cash prizes. They used the same contest in Poland successfully. This shows that:

A) Numeromania can be used in different languages. B) Numeromania can be used in cash starved countries. C) leverage experience gained in one country can be used in another country. D) economically squeezed consumers love Pepsi. E) Numeromania helped in developing a taste for Pepsi in both countries.

Business

Which of the following is an alternative approach to transfer pricing?

A) negotiated prices B) sourcing C) dumping D) competitive pricing

Business

Why is it important to view blogs skeptically before using them?

a. They are unbiased. b. They could be written by someone who is not an expert in the topic. c. They can be difficult to cite. d. They are never respected.

Business

Answer the following statements true (T) or false (F)

1. Research supported the behavioral theory assumption that happy employees would be productive. 2. The Hawthorne effect refers to the phenomenon that just studying people affects their performance. 3. Management science theory is more closely related to classical approaches to management than it is to the behavioral approaches. 4. The systems theory of management focuses on individual systems and how they work.

Business