Trends that might lead managers of multinational corporations (MNCs) to adopt a more decentralized strategy for their operations would include all of the following except

A. manufacturing trends allowing a decline in the minimum volume required to reach acceptable levels of production efficiency.
B. customer needs, interests, and tastes becoming increasingly homogenized.
C. consumers around the world increasingly willing to trade preferences in product features for lower price.
D. fluctuating exchange rates.


Answer: B

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The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two-time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3. Which of the following discrete probability distributions' properties are satisfied by random variable x?  

A. Normal B. Poisson C. Binomial D. Hypergeometric

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Which of the following is a similarity between a public corporation and a limited liability company?

A) Both have a limitation on the number of owners. B) Both allow owners control over daily management decisions. C) Both limit liability of owners to loss of capital contribution. D) Both have their profits taxed as income to corporation and again as income to owners when distributed as dividends.

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Decisions made at the beginning stage of a project life cycle have less influence than those made at later stages

Indicate whether the statement is true or false

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The Excel function =RAND() generates random numbers that are:

A) greater than 0 B) less than 1 C) between 0 and 0.9999 D) between -1 and 1 E) greater than 1

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