Which one of the following is not a limitation of a global strategy?

A. limited ability to adapt to local markets
B. the ability to locate activities in optimal locations
C. single locations may lead to higher tariffs and transportation costs
D. the concentration of activities may increase dependence on a single facility


Answer: B

Business

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The person responsible for incorporation of a corporation is known as a(n) ________

A) promoter B) shareholder C) incorporator D) director

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Harry received a scholarship of $2,000. He plans to invest this money for 5 years at 8%, compounded annually. If he accomplishes this, Harry will have an ending balance of: (Use time value tables or a financial calculator. Select the closest answer.)

A. $2,160. B. $2,520. C. $2,608. D. $2,938. E. $3,162.

Business

Use the information in Scenario 2.3. What is the normal time for the entire job?

A) greater than or equal to 10.0 minutes B) less than 10.0 minutes but greater than or equal to 8.5 minutes C) less than 8.5 minutes but greater than or equal to 7.0 minutes D) less than 7.0 minutes

Business

A company had $6,992,000 in net income for the year. Its net sales were $15,200,000 for the same period. Calculate its profit margin.

A. 117.1%. B. 85.4%. C. 46.0%. D. 53.9%. E. 217.1%.

Business