Ford Motor Co. introduced its automobile called Nova in Mexico. It faced difficulty in selling the car because "Nova" in Spanish means "It doesn't go." This illustrates a problem with ________.
A. country-of-origin effect
B. fitting the product to the culture
C. manufacturing
D. brand strategy
E. quality
Answer: B
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If a company's bonds are callable,
a. the investor or buyer of the bonds has the right to retire the bonds. b. the issuing company is likely to retire the bonds before maturity if the bonds are paying 9% interest while the market rate of interest is 6%. c. the bonds are never allowed to remain outstanding until the maturity date. d. the investor never knows what the redemption price will be until the bonds are actually called.
Which of the following is NOT part of the sales management process?
A) determining the size of the sales force B) recruiting and hiring salespeople C) setting company objectives D) motivating individual salespeople E) evaluating the performance of individual salespeople
An assembly line to be balanced has six tasks in precedence. The task times are shown in the following table. Based on demand forecasts, the output rate has to be 160 units per day. The line operates 8 hr a day. Compute the theoretical minimum amount of idle time (I).
A. 0
B. 1
C. 2
D. 3
At the end of the fiscal year, the variances from standard are usually transferred to the finished goods account
Indicate whether the statement is true or false