Before accepting a foreign posting and becoming an expatriate, an executive should do all of the following except
A. arrange with someone fairly high in the home-country company to be your mentor and look out for your interests.
B. achieve fluency in the language and culture of the country.
C. try to assess how your family will adopt to the major changes involved.
D. insist that the bosses tell you exactly what the company expects you to accomplish.
Answer: B
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Manson World reported the following: Common stock, $1 par, 200,000 shares authorized, 100,000 shares issued and outstanding What is the effect of a 2-for-1 stock split if the market value of the common stock is $20 per share when the stock split is declared?
a. Retained earnings in the amount of $400,000 is transferred to the contributed capital accounts. b. Cash decreases $400,000. c. Additional Paid-in Capital increases $400,000. d. A stock split has no effect on total stockholders' equity.
After Julie's death, her children discovered that she had sold her house a week prior to her death to her niece, Yolanda, for $50,000. Julie lived the last ten years of her life in Yolanda's house, under her care. The market value of the house at the time of the sale was $500,000. Julie's children may attempt to have the sale set aside, arguing that it was the product of ________.
A. duress B. undue influence C. fraud D. mutual mistake
With the current cost structure, Ortiz cannot achieve its profit goals. It will have to reduce either the fixed costs or the variable costs. Assuming that fixed costs cannot be reduced, what are the target variable costs per year? Assume all units produced are sold.
Ortiz Company is a price-taker and uses target pricing. Refer to the following information:
A) $10,114,000
B) $12,040,000
C) $5,600,000
D) $15,714,000
A criticism of the individualistic/collectivistic paradigm is which of the following?
a. It is not applied equally to all cultures. b. It does not allow for both individualistic and collectivistic values to coexist in the same culture. c. It only measures qualitative variables. d. Quantitative variables are only allowed for the individualistic cultures.