In the context of offshoring, which of the following factors has placed pressure on multinational corporations to outsource production?
A. Global and internal competition
B. Lack of cheap and expert labor
C. Profit expectation by governments
D. Mounting cost pressure
Answer: D
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Matthew Martin, the sole stockholder of Innovation Consulting, started the business by investing $64,000 cash in exchange for common stock. Identify the general journal entry below that Innovation Consulting will make to record the transaction.
A.
| Cash | 64,000? | |
| Common Stock | 64,000? |
B.
| Common Stock | 64,000? | |
| Cash | 64,000? |
C.
| Cash | 64,000? | |
| Note Payable | 64,000? |
D.
| Investments | 64,000? | |
| Common Stock | 64,000? |
E.
| Accounts Receivable | 64,000? | |
| Cash | 64,000? |
Because of conflicts of interest, shareholders are usually prohibited by law from serving as corporate officers and executives.
Answer the following statement true (T) or false (F)
At Home Service, Inc., employees stay with the organization for many years and develop skills on the job that help Home Service, Inc. become more efficient. This is consistent with Fayol's principle of
A. stability of tenure. B. order. C. discipline. D. unity of command. E. unity of direction.
Corporations and businesses can seek protection under privilege against self-incrimination
Indicate whether the statement is true or false