Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coca-Cola pursuing?

A. product reorientation
B. product development
C. market penetration
D. market development
E. diversification


Answer: D

Business

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All of the following are typically in the current file except:

A. lead schedules. B. chart of accounts. C. copies of the audit report. D. adjusting journal entries.

Business

If roles, norms, and values are not clarified in the norming stage, owing to a lack of leadership, then ______.

a. there could be a lack of teamwork and possibly a drift back to the storming stage b. the team will drift toward virtual teamwork c. the team’s goals and mission could become outdated in relation to the needs of the environment d. the team leader will likely take a hands-off or laissez-faire approach

Business

Which of the following statements is true regarding more traditional measures of financial performance?

A) They often look at a company's performance from four different but related perspectives: financial, customer, internal business, and learning and growth. B) They are often superior to measuring a company's performance than the balanced scorecard approach. C) Performance problems are often not captured in as timely a fashion as with the balanced scorecard approach. D) They tend to focus on nonfinancial rather than financial measures of performance.

Business

Coca-Cola earns more than ________ percent of its revenues from outside the United States.

A. 95 B. 75 C. 15 D. 25

Business