Mason’s research on business practices in Cyprus has been criticized for relying on responses to questionnaires gathered at a single point in time. It appears that Mason’s research suffers from the common critique of international and cross-cultural research of ______.
A. assuming country homogeneity
B. parochialism
C. lack of relevance
D. reliance on a single method
A. assuming country homogeneity
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Dayfair Mobile's external environment is changing rapidly, and it responds by decentralizing decisions to allow lower-level managers to react faster. Which type of organizational structure allows this?
A. organizational B. organic C. bureaucratic D. mechanistic E. formal
Stock A has a beta of 0.8, Stock B has a beta of 1.0, and Stock C has a beta of 1.2. Portfolio P has 1/3 of its value invested in each stock. Each stock has a standard deviation of 25%, and their returns are independent of one another, i.e., the correlation coefficients between each pair of stocks is zero. Assuming the market is in equilibrium, which of the following statements is CORRECT?
A. Portfolio P's expected return is equal to the expected return on Stock A. B. Portfolio P's expected return is less than the expected return on Stock B. C. Portfolio P's expected return is equal to the expected return on Stock B. D. Portfolio P's expected return is greater than the expected return on Stock C. E. Portfolio P's expected return is greater than the expected return on Stock B.
Departmental gross profit percentage is determined by the following process:
a. Divide departmental gross profit by departmental total operating expenses. b. Divide departmental net sales by departmental gross profit. c. Multiply departmental gross profit by departmental net sales. d. Multiply departmental cost of goods sold by departmental gross profit . e. Divide departmental gross profit by departmental net sales.
Explain the meaning of the "matching concept."
What will be an ideal response?