Firms that design, manufacture, and market distinguished products are called _____

A) original design manufacturers
B) original equipment manufacturers
C) original brand manufacturers
D) business process outsourcing firms


C

Business

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Answer the following statements true (T) or false (F)

1.Both the Ricardo model of comparative advantage and the Heckscher-Ohlin theory assert that trade patterns are largely the result of differences in endowments of factors of production. 2.Brazil is labor abundant relative to Germany if the ratio of labor to capital in Brazil is higher than that in Germany. 3.The Heckscher-Ohlin model assumes that tastes and preferences, and also factor endowments, are identical for trading nations. 4.In his test of the Heckscher-Ohlin model, W. Leontief found that, although the United States was perceived as being capital abundant relative to the rest of the world, U.S. exports were less capital intensive than import-competing goods. 5.The Heckscher-Ohlin theory asserts that trade should occur with different factor endowments. This theory is most accurate when explaining trade patterns between industrialized countries and developing countries.

Business

When leaving a voice mail message for a client concerning the scheduling of a meeting, you should NOT

a. discuss your schedule for the week, detailing the dates and times of each meeting you already have on your calendar. b. give your name and company affiliation before starting to talk about the meeting. c. leave your name, phone number, and two or three possible dates and times for the meeting. d. repeat your name and give your phone number at the end of the message.

Business

Joseph has a guilty mind of planning to rob a convenient store but he has not taken any action. Joseph has not committed robbery under the Model Penal Code

a. True b. False

Business

The most important section of a report to a reader is the conclusions and recommendations

Indicate whether the statement is true or false

Business