Transferring core competencies and resource strengths from one country market to another is
A. nearly always the easiest and most surefire way to build competitive advantage in trying to compete successfully in foreign markets.
B. a good way for companies to develop broader or deeper competencies and competitive capabilities that can become a strong basis for sustainable competitive advantage.
C. best accomplished with a multidomestic strategy as opposed to a global strategy.
D. feasible only with a global strategy; it can't be done with a multidomestic strategy.
E. unlikely to result in a competitive advantage.
Answer: B
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Which statement is true of the FLSA requirements for overtime pay?
A. Overtime must be paid whether or not the employer specifically asked or expected the employee to work the extra hours. B. The overtime rate is one and a half times the employee's hourly rate, excluding any bonuses or piece-rate payments. C. Time worked includes hours spent on production or sales, but not on activities such as attending required classes, cleaning up the work site, and so on. D. Most workers paid on an hourly basis are exempt and therefore not subject to the laws governing overtime pay. E. Everyone is eligible for overtime pay.
A decision to position the product on high-performance quality will mean that the ________
A) seller must charge a higher price to cover higher costs B) seller must charge a lower price to attract more customers C) producer must step down production D) marketer must boost derived demand in the market E) break-even volume will be fairly low
_____ accounts provide disaggregated information concerning the net amount of an asset, liability, or shareholders' equity item. Note that the use of such accounts does not affect the total of assets, liabilities, shareholders' equity, revenues, or expenses, but only the balances in various accounts that comprise the totals for these items
a. Reversing b. Temporary c. Contra d. Closing e. None of the above
A well-known financial executive cited in the human relations text believes that self-interest is the reason behind many major financial scandals
Indicate whether the statement is true or false.