Lisette owns a shoe store on the border of France. Due to price discrimination, she can buy Louboutin leather boots in Italy at a lower cost than purchasing them from her local French supplier, so once a month she drives to Italy and buys boots to resell at her store. What is this an example of?
A. predatory pricing
B. arbitrage
C. dumping
D. modeling
E. speculation
Answer: B
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Radio frequency identification (RFID) technology enables us to conduct transactions and to make payments quickly.
Answer the following statement true (T) or false (F)
Consider the budget information for Bert and Ernie Design firm: Professional labor $1,000,000 Administrative labor 200,000 Lease expense 50,000 Design equipment depreciation 25,000 Samples and books 10,000 Utilities 20,000 Professional hours 100,00 . hours Number of rooms redone 2,00 . rooms Bert and Ernie decide there are two cost pools, design support, which is assigned to jobs based on the
number of rooms redone, and facilities costs, which is assigned to jobs based on the number of professional labor hours. The design support cost pool includes design equipment depreciation and samples and books. The lease expense and utilities are considered facilities costs. What is the budgeted rate per cost driver for design support? a. $17.50 b. $35.00 c. $ 0.35 d. $ 0.70
Max, a minor subject to his parents' care and control, signs a contract to rent an apartment from Noel for one year. Before the end of the term, Max moves out. Noel sues for the rent for the rest of the term. Max can
A. avoid liability for the rent but not disaffirm the contract. B. disaffirm the contract and avoid liability for the rent. C. disaffirm the contract but not avoid liability for the rent. D. not disaffirm the contract nor avoid liability for the rent.
What exactly is analyzed during the business analysis phase of new-product development?
What will be an ideal response?