A depreciation of the dollar will have its most pronounced impact on imports if the demand for imports is
a. constant.
b. inelastic.
c. elastic.
d. unitary elastic.
c. elastic.
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Answer the following statements true (T) or false (F)
1. Canada and the United States are considered low-context cultures, according to Hofstede. 2. According to Hofstede, punctuality is less important in polychronic cultures than in monochronic cultures, and being late is a sign of status. 3. An advantage of learning the language when you are an international traveler is the avoidance of interpretational disasters. 4. A very firm handshake is the universal business greeting.
________ are approaches used by an organization that acts on its own to change some aspect of its current environment.
A. Independent strategies B. Buffering techniques C. Forecasting methods D. Benchmarking procedures E. Flexible processes
Fact Pattern 27-2BThom draws a check, on his account in State Bank in New York, payable to Digital Computers, Inc., in San Francisco. Digital deposits the check in its account at First National Bank. First National deposits the check in the Federal Reserve Bank of San Francisco, which transfers it to the Federal Reserve Bank of New York. That Federal Reserve Bank sends the check to State Bank.Refer to Fact Pattern 27-2B. When Digital's bank received the check, it was required to pass it on
A. before midnight of the next banking day. B. before midnight of the next day, whether or not it was a "banking" day. C. before noon of the next banking day. D. within five business days.
Master Ink owns all the stock of Prime Pen Co A Prime Pen employee commits a tort for which the employer is liable. The suit results in a judgment for $1 million against Prime Pen. Prime Pen assets total $650,000, but Master Ink's assets are in the millions. In which of the following situations would the judgment have to be paid by Master Ink?
A) The Master Ink board of directors is exactly the same as Prime Pen's. B) The president of Master Ink is also the vice president of Prime Pen. C) Prime Pen's income and Master Ink's income is held in one account. D) None of these.