GATT 1947 applied to:
a. trade in goods.
b. trade in services.
c. trade in textiles.
d. All of the above
a
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When Disney relied on licensing agreements with the Oriental Land Company to open its first foreign theme park, Tokyo Disneyland,
A. Its licensing partner, the Oriental Land Company reaped the windfall, because the partner who bore the risk was also likely to be the biggest beneficiary from any upside gain. B. Japanese consumer buying habits and demographics no longer posed a challenge for Disney. C. It was Disney, not the Oriental Land Company, that reaped the windfall because of learning curve effects. D. Disney no longer needed to contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements. E. Disney was able to meet the challenge of localizing its product offerings in Japan, leading to a low-cost advantage.
Answer the following statement(s) true (T) or false (F)
1. In order to become inclusive, organizations need to evaluate their current values and norms, and initiate new policies and programs that can produce needed change. 2. The inclusive workplace is guided by a set of values that propels its policies and practices. 3. An inclusive workplace, on the other hand, recognizes the economic and non-economic consequences of its presence in the community. 4. The exclusionary workplace perceives welfare recipients seeking work, domestic violence survivors, and youth in distress as a potentially stable and upwardly mobile workforce
An accountant's records, including the data-gathering process followed and the information and conclusions drawn therefrom, are known as:
a. tax returns. b. working papers. c. rough drafts. d. privileged communication.
Grant Company and Lee Company compete in the same market. The following budgeted income statements illustrate their cost structures. Grant Company Lee CompanyNumber of customers 200 200 Sales revenue (200 × $150)$30,000 $30,000 Less variable costs 6,000 18,000 Contribution margin$24,000 $12,000 Less fixed costs 19,000 7,000 Net income$5,000 $5,000 Required: (a) If Grant Company lowers its price to $135, it will lure 80 customers away from Lee Company. Prepare Grant's income statement based on 280 customers.(b) If Lee Company lowers its price to $135 (assuming that Grant Company is still charging $150 per customer), Lee would lure 80 customers away from Grant. Prepare Lee's income statement based on 280 customers.(c) Which of the companies would
benefit more from lowering its sales price to attract more customers, and why? What will be an ideal response?