Finnish cellular phone giant, Nokia, customized its 6100 series mobile phone for every major market in which it is present. In Asia, for example, the series came with higher ring volume so that it could be heard on the crowded Asian streets
This is an example of a ________.
A) straight extension
B) forward invention
C) regional version
D) city version
E) country version
C
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Business meetings in Russia typically start on time because Russians value punctuality
Indicate whether the statement is true or false
During the month of March, Baker's Express purchased 10,000 pounds of flour at $1 per pound. At the end of March, Baker's Express found that it had an unfavorable materials price variance of $500. The standard cost per pound must be
A) $1.95 B) $1.00 C) $1.05 D) $0.95
Lakeside, Inc estimated manufacturing overhead costs for the year at $371,000, based on 181,000 estimated direct labor hours
Actual direct labor hours for the year totaled 196,000. The manufacturing overhead account contains debit entries totaling $392,000. The Manufacturing Overhead for the year was ________. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $49,393 underallocated B) $49,393 overallocated C) $9,800 underallocated D) $9,800 overallocated
Which of the following is NOT a reason why a short position in a stock is closed out?
A. The investor with the short position chooses to close out the position B. The lender of the shares issues instructions to close out the position C. The broker is no longer able to borrow shares from other clients D. The investor does not maintain margins required on his/her margin account