Cross-border acquisitions are primarily made to:
A. reshape the firm's competitive scope.
B. reduce the cost of new product development.
C. take advantage of higher education levels of labor in developed countries.
D. overcome barriers to entry in another country.
Answer: D
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______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. These beliefs may include the idea that employees should be promoted solely on the basis of merit, that no bribes will be paid to foreign officials to obtain business licenses, and that companies should offer extended maternity leave upon the employee's request.
A. Morals B. Norms C. Ethical advantages D. Values E. Fairness factors
Mateo has three people in his office; one sales representative, one person on branding, and a third on the administration associated with those tasks. Mateo has a _________ of employees.
a. A phalanx b. A group c. A team d. Posse
While managing a firm's assets, a financial manager should include ________
A) ending balance of retained earnings B) earnings before tax C) cash D) accounts payable
Katie pays $10,000 in tax-deductible property taxes. Katie’s marginal tax rate is 32%, average tax rate is 28%, and effective tax rate is 25%. Katie's tax savings from paying the property tax is:
A. $1,600. B. $2,500. C. $2,800. D. $3,200. E. $10,000.