The organizational model that enables managers to "think globally but act locally" is the

A. transnational model.
B. global model.
C. intranational model.
D. multinational model.
E. international model.


Answer: A

Business

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Indicate whether the statement is true or false

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Blanton Corporation purchased 35% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the dividends it receives from Worton Corporation?

A) debit Investment in Worton Corporation; credit Cash B) debit Cash; credit Dividend Revenue C) debit Investment in Worton Corporation; credit Income of Worton Corporation D) debit Cash; credit Investment in Worton Corporation

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Analyze the importance of action and practice in entrepreneurship.

What will be an ideal response?

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All of the following are covered as supplementary payments under the liability section of the PAP EXCEPT

A) the cost of an appeal bond in a lawsuit stemming from an auto accident. B) the cost of a bail bond for a traffic violation when no accident is involved. C) interest which accrues on a liability judgment covered by the policy. D) reasonable expenses incurred by the insured to testify at a trial involving a lawsuit covered by the policy.

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