Today, successful firms are sourcing product from emerging markets and also looking for customers and new business and product innovations to use globally

Indicate whether the statement is true or false


TRUE

Business

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What is the minimum amount that a product must cost to require a label stating condition of the warranty under the Magnuson-Moss Act?

A. $20 B. $15 C. $5 D. $10

Business

Even if storage cost is not as attractive as that of CDs, portability and the fact that their ports are ubiquitous in PCs might push one toward selecting a _____.

A. Zip disk B. USB flash drive C. flash disk D. memory card

Business

To assess ________, a type of criterion validity, the researcher collects data on the scale at one point in time and data on the criterion variables at a future time

A) convergent validity B) predictive validity C) concurrent validity D) discriminant validity

Business

A company pays $15,000 per period to rent a small building that has 10,000 square feet of space. This cost is allocated to the company's three departments on the basis of the amount of the space occupied by each. Department One occupies 2,000 square feet of floor space, Department Two occupies 3,000 square feet of floor space, and Department Three occupies 5,000 square feet of floor space. If the rent is allocated based on the total square footage of the space, Department One should be charged rent expense for the period of:

A. $4,000. B. $2,200. C. $4,400. D. $2,000. E. $3,000.

Business