Nonsystematic risk factors would include all of the following except:
a. the sustainability of the firm's strategy
b. the firm's ability to generate revenue growth
c. the firm's ability to control expenses
d. unemployment levels
D
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When forces for global integration are low and forces for national responsiveness are high, a strategy that ________ makes sense
A) treats the world as a single market B) views the marketplace as completely homogeneous C) treats the world as a portfolio of national opportunities D) standardizes all elements of the marketing mix E) facilitates a straight extension
Milton, Inc. had the following transactions in 2019, its first year of operations:
• Issued 8000 shares of common stock. Stock has par value of $0.01 per share and was issued at $40.00 per share. • Earned net income of $200,000. • Paid dividends of $8.00 per share. At the end of 2019, what is total stockholders' equity? A) $320,000 B) $456,000 C) $136,000 D) $584,000
The American expectation that people “do their own thing” is an example of ______.
a. dualism b. universalism c. directness d. cultural looseness
Which of the following provides an explanation of why the variable overhead rate is separated from the fixed overhead rate in standard costing?
a. There is no justifiable reason; their separation is merely to simplify entries. b. Both calculations divide by the same direct labor hours, but the numerator is different for each calculation. c. The variable overhead rate is calculated using actual direct labor hours, whereas the fixed overhead rate is calculated using normal capacity direct labor hours. d. Different application bases are generally appropriate.