A multinational company (MNC) is likely to centralize its decision making when:
A. the home office has more confidence in delegating to the local level and less to gain by making all the important decisions.
B. it has a mature product line and the subsidiary managers are experienced.
C. a subsidiary has superior staff and resources which is likely to become increasingly skilled in manufacturing and marketing products at the local level over time.
D. it is a high-tech, research-intensive firm dealing with sophisticated levels of technology.
Answer: D
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At the beginning of January of the current year, Sorrel Co.'s ledger reflected a normal balance of $72,000 for accounts receivable. During January, the company collected $18,800 from customers on account and provided additional services to customers on account totaling $14,500. Additionally, during January one customer paid Mikey $7000 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be:
A. $69,300. B. $74,700. C. $76,300. D. $4300. E. $67,700.
You are talking with the president of your company about a possible merger. After she finishes speaking, you respond, "If I understand you correctly, your recommendation is that we go through with the merger." You are providing what type of feedback?
A) evaluative B) descriptive C) judgmental D) agreement
For a maximization problem, assume that a constraint is binding. If the original amount of a resource is 4 lbs. and the range of feasibility (sensitivity range) for this constraint is from 3 lbs. to 6 lbs.,
increasing the amount of this resource by 1 lb. will result in the: A) same product mix, different total profit. B) different product mix, same total profit as before. C) same product mix, same total profit. D) different product mix, different total profit.
Payment by check is conditioned on the check being honored by the bank
Indicate whether the statement is true or false