Answer the following statements true (T) or false (F)
1. Global sourcing is also known as outshoring.
2. The other methods of going global usually encompass global sourcing.
3. It is usually difficult for small businesses to go global, and they account for a small percentage of all exports.
4. In a strategic alliance, the two (or more) companies remain separate and independently controlled but share ownership and control of the new company they create.
5. Technology in communications and travel has clearly accelerated the speed of globalization of business.
1. False
2. True
3. False
4. False
5. True
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Which If-Then-Else statement will allow you to avoid a division by zero in the function:
Public Function Perpetuity(Dividend As Single, ReqReturn As Single, DivFreq As Single) As Single Perpetuity = Dividend/(ReqReturn/DivFreq) End Function a) If ReqReturn > 0 Then Perpetuity = Dividend/(ReqReturn/DivFreq) Else Perpetuity = CVErr(xlErrValue) End If b) If ReqReturn <> 0 Then Perpetuity = Dividend/(ReqReturn/DivFreq) Else Perpetuity = CVErr(xlErrValue) End If c) If ReqReturn = 0 Then Perpetuity = CVErr(xlErrValue) Else Perpetuity = Dividend/(ReqReturn/DivFreq) End If d) All of the above e) None of the above
Companies often implement a transnational strategy because it
A. provides an easy mode of operating to transfer and share resources and capabilities across borders. B. is the least complex and easiest to implement of all the strategy choices. C. combines flexible coordination with the pursuit of conflicting objectives simultaneously. D. is capable of achieving an efficiency potential through centralized decision making and strong headquarters control. E. is conducive to mass customization techniques that enable companies to address local preferences in an efficient semi-standard manner.
What would be an easy way a company could discourage unethical behaviors by its employees?
A) Have a zero tolerance policy so anyone suspected of unethical behavior would be immediately terminated. B) Require all potential hires to have completed a privately-conducted ethics course before submitting their applications for employment. C) Allow employees to unionize so their actions will be dictated by the union. D) Change the Employee of the Month program to celebrate the employee with the fewest ethical violations. E) Write up their ethical code, refer to it as a company value in the employee handbook and on the website, and ask management to adhere to it strictly to lead by example.
ESPN cable television offers numerous sports programs. What type of discrepancy does this create for sports fans who want to watch only a few of the programs?
A. discrepancy of quantity B. discrepancy of assortment C. discrepancy of quality D. discrepancy of information E. discrepancy of image