In today's business world, learning about other cultures is ________
A) optional
B) necessary
C) not required
D) ill-advised
E) interesting but of no real business concern
Answer: B
Explanation: B) Because workplaces are increasingly global, learning about other cultures is required, not optional. It will help you avoid misinterpreting verbal and nonverbal communication of colleagues and customers who do not share your culture.
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Marcoff Corporation acquires 30% of the outstanding voting common shares of the Invicta Corporation for $600,000 . Marcoff Corporation acquires the investment in Invicta Corporation by buying previously issued shares of Invicta Corporation from other investors. The entry to record the acquisition is:
a. Investment in Stock of Invicta Corporation . . . . . . . . . . . . . .600,000 Marketable Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .600,000 b. Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Marketable Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 c. Investment in Stock of Invicta Corporation . . . . . . . . . . . . . .600,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 d. Marketable Securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 e. Common Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600,000
In the statement of cash flows, cash flows from operating activities are cash flows directly related to purchase and sale of fixed assets
Indicate whether the statement is true or false
Elvish Toys is a small-scale toy manufacturer. The company sells its products to customers at its own retail shops. In this scenario, it is evident that Elvish Toys sells its products to its customers through a _____.
A. direct channel B. channel intermediary C. merchant wholesaler D. independent distributor
University of New Hampshire Professor of Finance Fred Kaen argues that risk management and risk management products help ensure the survival of the firm and thereby support broad public policy objectives _________________
a. that too often harm those of shareholder wealth maximization. b. in line with a narrow financial objective of shareholder wealth maximization. c. that only fit the immediate interests of the owners of the company and a narrow financial objective of shareholder wealth maximization. d. beyond the immediate interests of the owners of the company and a narrow financial objective of shareholder wealth maximization.