The biggest involvement in a foreign market comes through exporting—entering foreign markets by selling goods produced in the company's home country
Indicate whether the statement is true or false
FALSE
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In the spring and summer of 2007, the media focused on the issue of children's toys, imported from developing nations, containing lead at levels that exceeded Canadian and American standards. Several commentators spoke to the need to develop worldwide standards for product safety. This is an example of:
A) social globalization B) economic globalization C) cultural globalization D) political globalization E) transnational globalization
Which one of the following procedures is incorrect for setting up and maintaining a petty cash fund?
a. A check is prepared for a fixed amount; when the check is cashed, the money is entrusted to a petty cash custodian. b. An entry is recorded to establish the fund and obtain the cash. c. When appropriate documentation is presented, cash payments are made from the fund; the petty cash custodian retains the documentation. d. When the petty cash fund is replenished, an entry is recorded to recognize an increase in the petty cash account.
At different points in their existence, companies will have different cash inflow and outflow requirements. Such differences make intercompany comparisons difficult, even within the same industry. Required:
a. Consider a start-up company in the software development industry. What might its operating, investing, and financing cash flows look like in general? Provide examples where appropriate. b. Consider a mature auto dealership. What might its operating, investing, and financing cash flows look like in general? Provide examples where appropriate.
What is a relatively inexpensive ways for organizations to be more sustainable?
a) Increase paper use b) Allocate more company parking spaces c) Use energy efficient lighting d) Donate large sums of money to charity