In an effort to manage the stress of coping with culture shock, one can create a(n) ________ zone or an environment that closely relates to home.
Fill in the blank(s) with the appropriate word(s).
stability
Many effective international managers create stability zones. They spend most of their time immersed in the foreign culture but then briefly retreat into an environment-a stability zone-that closely recreates home.
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Which method assigns the cost of the most recent items purchased to ending inventory?
a. LIFO b. FIFO c. Specific identification d. Weighted average cost
The two main issues management must consider in designing an international company's structure are (1) ______ to most effectively take advantage of efficiencies gained from specialization of labor and (2) ______ the resulting departments' activities to meet the firm's overall objectives.
What will be an ideal response?
[The following information applies to the questions displayed below.] Sanchez Company engaged in the following transactions during Year 1: 1) Started the business by issuing $42,000 of common stock for cash. 2) The company paid cash to purchase $26,400 of inventory. 3) The company sold inventory that cost $16,000 for $30,600 cash. 4) Operating expenses incurred and paid during the year, $14,000. Sanchez Company engaged in the following transactions during Year 2: 1) The company paid cash to purchase $35,200 of inventory. 2) The company sold inventory that cost $32,800 for $57,000 cash. 3) Operating expenses incurred and paid during the year, $18,000. Note: Sanchez uses the perpetual inventory system.What is the amount of retained earnings that will be shown on the balance
sheet at December 31, Year 2? A. $26,000 B. $6,200 C. $6,800 D. $38,800
The inflation of order sizes to try to receive more product during is a shortage is a response to _______.
a. gaming b. rationing c. forward buying d. excess slack