When the government of a host country requires companies to have some local participation, foreign firms must engage in strategic alliances with local owners.
Answer the following statement true (T) or false (F)
False
There are other approaches, including joint ventures, partnerships, and at times, simple contracts, such as contracted manufacturing.
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The interest due at maturity on a $489.52, 8% note, dated May 28 and due August 2 is
a. $4.37. b. $6.04. c. $7.18. d. $6.30.
Which of the following bonds has the greatest interest-rate risk?
A. A one-year bond B. A five-year bond C. A ten-year bond D. A thirty-year bond
Answer the following statements true (T) or false (F)
1. The stronger the culture, the less reliant the organization needs to be on bureaucratic management controls found in traditional industrial organizations. 2. If an organization’s culture is strong, it becomes another core competency. 3. When any manager ignores an employee action that impacts the “show” or guest experience, this does not affect other employees. 4. Once employees have been trained, hospitality managers need not spend time and energy on reminding their existing employees of the cultural values. 5. People in open-culture organizations need more time to adapt to changes in customer expectations.
Which of the following is irrelevant in computing a machine's depreciation expense using the production method?
A) Actual units produced in a given period B) Residual value C) Estimated useful life in years D) Estimated units produced over its life