If Azerbaijan imported wheat from Romania in exchange for crude oil, and Vietnam exchanged rice for Philippine fertilizer and coconuts then these scenarios would be examples of ________
A) cash transaction
B) compensation
C) buyback
D) blocked currency
E) barter
E
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Assume sales are $750,000, variable costs are 70% of sales, and operating income is $100,000 . What is the contribution margin ratio and fixed cost, respectively?
a. 70% and $125,000 b. 30% and $125,000 c. 70% and $625,000 d. 30% and $625,000
Structural determinants of power in organizations include all of the following, except:
a. Perceived political power b. Influence in garnering resources c. National representation d. Reward for subordinates
Terrorism is included in the workplace emergencies for which companies must have an emergency action plan.
Answer the following statement true (T) or false (F)
Which of the following examples uses a focused differentiation strategy?
A. a hotel chain that offers high-quality furnishings and service with room rates of under 75 dollars per night B. a cosmetics brand that offers superior skin lotion for sensitive skin priced at 100 dollars per bottle C. a tennis pro shop that sells low-quality racquets priced at 150 dollars per racquet D. a coffee shop that offers mediocre lattes at a price of five dollars for a small latte