A company which is ethnocentric will expand geographically
Indicate whether the statement is true or false
FALSE
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Jakubowski Farms Gourmet Bread Base is the brand name for a mix designed for use in bread making machines. The mixes are sold in 2-pound canisters for $14.99 plus postage. The products are only available through the mail. People learn about the product through word-of-mouth and bread machine demonstrations the company's founder gives to groups in Wisconsin where she lives. This is a description of the company's
A. market segmentation strategy. B. mission statement. C. target market. D. marketing mix. E. action plan.
Chicago Co is interested in purchasing a machine that would improve its operational efficiency. The cost is $200,000 with an estimated residual value of $20,000 and a useful life of eight years. Cash inflows are expected to increase by $40,000 a year. The company's minimum rate of return is 10 percent. The present value of $1 for eight years at 10 percent is 0.467, and the present value of an
annuity of $1 at 10 percent and eight years is 5.335. The net present value of the project is a. $74,520. b. $120,100. c. $93,400. d. $22,740.
Objects expose ________ to provide services requested by messages
A) operations B) attributes C) methods D) the interface
On January 1, Clive Corporation signed a $480,000, 5%, 30-year mortgage that requires semiannual payments of $15,530 on June 30 and December 31 of each year. The journal entry to record the second semiannual payment would be: (Round your final answer to the nearest dollar.)
A) debit Interest Expense, $11,912; debit Mortgage expense, $3,618; credit Cash, $15,530. B) debit Interest Expense, $3,618; debit Mortgage Payable, $11,912; credit Cash, $15,530. C) debit Interest Expense, $11,912; debit Mortgage Payable, $3,618; credit Cash, $15,530. D) debit Mortgage Payable, $15,530; credit Cash, $15,530.