In companies that adopt the ________ model of organizational structure, functions are centralized where it makes sense to do so, but a great deal of decision making also takes place at the local level.
A. international
B. multinational
C. global
D. intranational
E. transnational
Answer: E
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Assertive salespeople control the sales interaction but often do not gain commitment because they prejudge the customer's needs and fail to probe for information.
Answer the following statement true (T) or false (F)
If stock prices are below their fundamental values,
A. the stock market is overvalued. B. the stock market is undervalued. C. investors have rational expectations. D. mutual funds will be worth more than their price.
Jackson Transportation purchases many pieces of office furniture with an individual cost below $200 each. Jackson chooses to account for these expenditures as expenses when acquired rather than reporting them as property, plant, and equipment on its balance sheet. The company's accountant and independent CPA agree that no accounting principle has been violated. What accounting justification
allows Jackson to expense the furniture? a. Conservatism b. Matching c. Materiality d. Verifiability
The net sales for a company total $500,000, gross profit is $200,000, and net income is $75,000 . The net income ratio is
a. 667%; b. 267%; c. 37.5%; d. 15%; e. cannot be determined from the information given.