In the context of global trade,the exchange ratecan directly measureglobal commerce.
Answer the following statement true (T) or false (F)
False
While the exchange rate does not directly measure global commerce, it certainly has a powerful influence on how global trade affects individual nations and their trading partners. See 3-3: Global Trade: Taking Measure
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Companies that fail to formulate adequate responses to the challenges and opportunities of globalization will face all of the following consequences except:
A) getting absorbed by visionary enterprises. B) getting absorbed by dynamic enterprises. C) becoming locally profitable enterprises. D) undergoing wrenching transformations. E) simply disappearing from the business horizon.
Determine the October 20xx ROI (rounded to two decimal places) for an investment center with the following information: Assets at September 30, 20xx $20,000,000 Assets at October 31, 20xx 22,000,000 Assets at October 15, 20xx 18,595,000 Operating income for the month ended October 31, 20xx 5,000,000.0 Operating income for the month ended October 31, 20xx 5,000,000.0
a. 25.8 percent b. 21.8 percent c. 23.8 percent d. 27.8 percent
Which of the following statements is true of performance measurement?
A) It measures only qualitative information. B) It uses both qualitative and quantitative tools to measure the performance. C) It helps in understanding a company's performance related to a specific goal. D) It cannot be used by service companies.
Return on net worth equals return on assets times _____
a. profit margin b. cost of goods sold c. asset turnover d. financial leverage