A company hoping to protect its trade secrets from being stolen by a foreign company can seek relief under the Trade-Related Aspects of Intellectual Property Rights (TRIPs) agreement
Indicate whether the statement is true or false
TRUE
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The use of computer controls and technology has increased the cost of labor
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An ERP system combines the management of all major business activities with support activities to form one easy-to-access, centralized data warehouse
Indicate whether the statement is true or false
Unabsorbed fixed overhead costs in an absorption costing system are
a. fixed manufacturing costs not allocated to units produced. b. variable overhead costs not allocated to units produced. c. excess variable overhead costs. d. costs that cannot be controlled.
Regarding the way international companies are structured and integrated
A. managers must consider the nature of their company's international operating environment and their competitors' strategies when deciding when and how to modify the company's organizational structure. B. no single structure is best for all companies and contexts. C. gains from increased specialization will be nullified by increased benefits of coordination, requiring managers to choose between the two. D. if the company's strategy changes, then structure must change. E. managers have to consider the nationalities of their competitors and of their own company before selecting a structure.