Italy recently introduced the Reguzzoni-Versace Law which is intended to regulate trade in textiles, leather, and footwear. All of the following statements pertaining to the law are correct except:
A) at least four stages of production should occur in Italy for the product to be labeled as "Made in Italy."
B) the countries in which the remaining production stages took place must be identified.
C) Brussels objected on grounds that the law conflicts with restrictions provided by the European Union.
D) EU regulators view the law as "protectionist."
E) the law is more stringent than the existing laws where only one production stage has to occur in the country of origin.
A
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In the BCG (Boston Consulting Group) matrix, a business that has a weak market share in an industry characterized by high market growth is called a:
A. question mark. B. cash cow. C. star. D. dog.
Using the following list of accounts and identification letters A through J, enter the type of account and its normal balance into the table below. The first item is filled in as an example: ?Type of Account?Normal Balance?AssetLiabilityEquity?DebitCreditCommon Stock??X??XInterest Payable??????Land??????Dividends??????Fees Earned??????Prepaid Rent??????Advertising Expense??????Unearned Rent Revenue??????Commissions Earned??????Notes Receivable??????
What will be an ideal response?
Bank's Department Store has three departments: Men's, Women's and Children's. The store incurred $40,000 of store rental costs during the current year. The departments identified the following cost drivers: Men's Women's Children'sLabor dollars$540,000? $785,000? $250,000? Number of employees 20? 30? 14? Square footage 4000? 9000? 2000? Number of sales transactions 310,000? 910,000? 100,000? Using the most appropriate cost driver, how much rental cost should be allocated to the Women's Department? (Do not round intermediate calculations. Round your answer to the nearest dollar.)
A. $8750 B. $3030 C. $6349 D. $24,000
Examples of common ________ information flows include suggestion boxes, group meetings, and appeal or grievance procedures.
A. horizontal B. downward C. upward D. diagonal