Which type of corporation strives for efficiency across all of its markets and treats the world market as an integrated whole?

a. Global
b. National
c. International
d. Multinational


a. Global

Business

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Which of the following statements is false about demand management?

a. Effective demand planning and management can mitigate the bullwhip effect. b. Accurate forecasts of product quantities can facilitate implementation of just-in-time production systems. c. Efficient demand planning and forecasts can reduce the operational costs. d. Accurate demand planning can result in excess inventories and unwanted capacity.

Business

The difference between the price charged for a product and the cost to manufacture it is referred to as the

A. reservation price. B. break-even price. C. producer surplus. D. consumer surplus.

Business

Which body supervises the implementation of NAFTA?

a. The NAFTA Administrative Panel b. The Free Trade Council c. The Fair Trade Commission d. The Free Trade Area Committee

Business

For the year ended December 31, Year 1, Fields Company made cash payments of $52,500 for dividends, paid interest of $21,300, paid $30,500 cash to suppliers, and purchased equipment for $68,500 cash. What is the net cash used by investing activities for Year 1?

A. $111,800 B. $68,500 C. $172,800 D. $73,800

Business