Automobile manufacturers must comply with regulations set by the National Transportation and Safety Board. In the context of situation analysis, which of the following macro-level external environmental factors does this exemplify?
A. firm structure and systems
B. sociocultural/demographic
C. firm resources
D. political, legal, and ethical
E. threat of new entrants
Answer: D
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Determining whether a regulated company or person is complying with laws and regulations cannot be a function of administrative agencies because of Congressional prohibitions
a. True b. False Indicate whether the statement is true or false
Price should not be used as a promotional tool.
Answer the following statement true (T) or false (F)
Which of the following appears in the capital account part of the balance of payments?
A) A gift to an American from his English aunt B) A purchase by the Honda corporation of a U.S. Treasury bill C) A purchase by the Bank of England of a U.S. Treasury bill D) Income earned by the Honda corporation on its automobile plant in Ohio
In Blimka v. My Web Wholesalers an Idaho resident, Blimka, ordered a large quantity of jeans from My Web, a Maine company that advertised its goods on the Internet. When a dispute arose over the quality of the jeans, Blimka sued My Web in Idaho state court. My Web contended the Idaho court did not have jurisdiction. The Idaho high court held that:
a. due to diversity of citizenship, the case had to be transferred to federal court in Idaho b. because the Maine company did business electronically, not physically, in Idaho, it was not subject to the jurisdiction of Idaho courts c. Due Process was violated by forcing a Maine defendant to appear in Idaho court d. due to diversity of citizenship, the case had to be transferred to federal court in Maine e. none of the other choices are correct