In the context of the three types of expatriate compensation plans, which of the following statements is true about the balance-sheet approach?
A. It complicates long-term tax and retirement-benefits that make it a less desired alternative.
B. It localizes expatriates in the host-country salary program.
C. It is the least preferred alternative used by North American multinational organizations to compensate expatriates.
D. It facilitates mobility among the expatriate staff in the most cost-effective way possible.
Answer: D
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Which of the following statements is CORRECT, assuming positive interest rates and holding other things constant?
A. Banks A and B offer the same nominal annual rate of interest, but A pays interest quarterly and B pays semiannually. Deposits in Bank B will provide the higher future value if you leave your funds on deposit. B. The present value of a 5-year, $250 annuity due will be lower than the PV of a similar ordinary annuity. C. A 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. D. A bank loan's nominal interest rate will always be equal to or less than its effective annual rate. E. If an investment pays 10% interest, compounded annually, its effective annual rate will be less than 10%.
Young people most likely prefer a savings schedule with
A) a zero ending balance. B) increasing annual deposits. C) decreasing annual deposits. D) negative balances in the early years.
In a strong matrix, the project managers have more influence over their project team members than in the balanced or weak matrix structures
Indicate whether the statement is true or false
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 min. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. Determine the capacity utilization for the system.
A. 56% B. 78% C. 83% D. 98%