The World Economic Forum Web site states that industrialized countries, with only 15 percent of the world's population, are home to ____ percent of all Internet users.
A. 58
B. 68
C. 78
D. 88
Answer: D
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Which of the following statements about tax policy objectives regarding business expenses is false?
A. By disallowing a tax deduction, Congress increases the after-tax cost of undesirable expenditures. B. The business interest expense limitation increases the disparity between the tax treatment of debt and equity financing. C. The tax treatment of meals and entertainment expenses is intended to make the law more equitable. D. Lobbying expenses are not deductible because Congress does not want to subsidize political activities.
Answer the following statements true (T) or false (F)
1. Obsolete technology and outdated facilities are examples of organizational threats. 2. Guthrie Community College has done a SWOT analysis and discovered that the number of college-bound high-school juniors in its state has grown by nearly 20% in the past few years. This is a strength for Guthrie. 3. Organizational threats are the environmental factors that hinder an organization's ability to achieve a competitive advantage. 4. Forecasting is a strategic-planning tool used to make long-term strategy.
Bonnie's Bakery is a relatively small company that makes pies, cakes, and cookies sold in supermarkets. Sales employees' bonuses are determined based on meeting or exceeding the budget. For the coming year, sales employees have set a budget target of 3 percent for sales growth. The market has been growing at 6 percent, and the company has averaged 10 percent growth for the last two years. What is the problem here, and how can it be fixed?
What will be an ideal response?
A responsibility accounting system provides information to top management about the
a. organizational responsibilities of each subunit manager. b. performance of each organizational subunit and its manager. c. ability of each subunit manager to ensure a satisfactory cost to revenue relationship. d. all of the above.