What is the payback period for Tangshan Mining company's new project if its initial after-tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $700,000 in year 3, and $1,

800,000 in year 4?
A) 4.33 years
B) 3.33 years
C) 2.33 years
D) 1.33 years


B

Business

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When Walmart stores first expanded into Mexico, management established a joint venture with the country's largest retailer. Judging by the approach Walmart used, management must have viewed Mexico as:

A) culturally close and easy to enter. B) culturally distant and easy to enter. C) culturally close and difficult to enter. D) culturally distant and difficult to enter. E) culturally difficult and easy to enter.

Business

The country which boasts the world's fastest average Internet speed is:

A) Russia. B) China. C) South Korea. D) India. E) Japan.

Business

Define the Pygmalion effect. How could this be used in a positive way by managers in an organization? How would one do that?   

What will be an ideal response?

Business

Freight distribution is also known as intermodal distribution

Indicate whether the statement is true or false

Business