Accounts receivable are classified as current assets because:
a. it varies from period to period.
b. it cannot be placed under any other category of assets.
c. these are expected to be collected quickly.
d. it is always collected within three months.
c
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A(n) _____ is an organization whose management agrees to test the new system for several months and provide feedback.
Fill in the blank(s) with the appropriate word(s).
According to the goods/services continuum, which of the following is the best example of a pure good?
A) a textbook B) a class lecture C) a haircut D) a muffler repair E) a massage
Asian workers are projected to be about what percentage of the workforce by 2050?
A. 2 percent B. 8 percent C. 14 percent D. 21 percent E. 34 percent
Scenario A: Yolanda is a consultant for four companies with international operations. Each of them has selected a different global strategy. Acme Gaskets uses its established skills in producing gaskets that it will sell in foreign markets. Krunchers Chips produces locally targeted snacks for which it has built specialized plants in each local region. It customizes its snacks according to the tastes and preferences of the local consumers. Harman Motors offers a standardized economy automobile and has a single worldwide corporate headquarters from which it centrally manages the entire company's operations. Finally, Gold Medal Industries is located in Tajikistan where wages are quite low. The company produces machine housings that are fairly easy to manufacture and require little employee
skill. These pieces are then sent to its locations abroad to be finished by a more skilled workforce, taking into account the customs and benefits desired by each of those particular populations.From Scenario A, it can be concluded that Krunchers Chips is using the ________ model of international competition. A. transnational B. multinational C. domestic D. international E. global