Which of the following statements is true about regional management centers?
A) The scale of regional management must exceed the scale of operations in the region.
B) These centers reduce the number of management levels within an organization.
C) The center can coordinate within a region on pricing and sourcing.
D) Executives in regional centers do not have any role in the planning and control of each country's operations.
C
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Slotkin Company buys designer clothing to sell in its retail stores. Since much of the merchandise comes from Dallas and Europe, Slotkin Company must pay freight charges to get the merchandise shipped in. Which statement is true?
a. Transportation-in, paid by Slotkin Company, is added to the inventory account under the periodic system. b. Transportation-in, paid by Slotkin Company, is subtracted from purchases under the periodic system. c. Freight charges are only paid by a buyer in a periodic system. d. Transportation-in is added to net purchases to determine cost of goods purchased in a periodic system.
Answer the following statements true (T) or false (F)
With the new form of equities approach, the credit arising under income tax allocation represents a subordinated equity investment in the firm by the federal government.
Larger companies typically break their customers into distinct markets.
Answer the following statement true (T) or false (F)
Assuming certain conditions are met, a single person may exclude up to $250,000 of the capital gain on the sale of your personal residence
Indicate whether the statement is true or false