ABC operates a factory in the United Kingdom. Because the company’s existing factory doesn’t have the capacity to meet the future demands, it is considering various options. Consider the payoff matrix that shows the payoff for each combination of decision and state of nature. Determine the best alternative, given that the demand will be high.





A. expand current facility

B. build small factory

C. build large factory

D. determine a new alternative


C. build large factory

Business

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Answer the following statements true (T) or false (F)

On the statement of cash flows, the proceeds from the sale of equipment would be classified as a financing activity.

Business

A(n) ________ is a person, such as a corporate officer, director, or majority shareholder, who has access to material nonpublic information about a company or the securities market

A. bona fide purchaser B. whistle-blower C. insider D. boundary spanner

Business

One of Toyota's top goals has been to develop advanced vehicle technologies to complement existing ones. The G21 vision arose out of this goal, which eventually led to the production of which of the following vehicles?

A. Scion iQ micro-subcompact compressed natural gas car B. Lexus 450 all-electric car C. Toyota Camry hydrogen fuel cell hybrid car D. Toyota Prius gas-electric hybrid car E. Toyota Tundra gas-electric hybrid truck

Business

Cartech Inc. is a manufacturer of automobile parts, which it sells to retail auto supply stores. Its core competencies include superior design and engineering capabilities, as well as a highly integrated and efficient supply chain. To sustain its competitive advantage, Cartech should first

A. diversify its product offerings by developing parts for construction equipment. B. seek to replicate its nearest competitor's competency in innovative marketing. C. attempt to cut costs by replacing assembly line workers with robots. D. upgrade its engineering department and improve its supply chain.

Business