When a country imports more than it exports, it has a(n)
A. trade surplus.
B. favorable balance of trade.
C. favorable exchange role.
D. unfavorable balance of trade.
E. favorable balance of payments.
Answer: D
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Which of the following organizations has won the Baldrige Award twice?
a. IBM b. Motorola c. Dell d. Ritz-Carlton
By calling the additional dividend an extra dividend, a firm avoids setting expectations that the dividend increase will be permanent
Indicate whether the statement is true or false
Which of the following statements is true of benchmarking?
A. It describes the relative proportions of a firm's assets, liabilities, and owners' equity. B. It involves setting up standards and then measuring performance against them. C. It sets cost targets for all phases of design, development, and production of a product for each accounting period. D. It is a series of prescribed steps to be taken to ensure that a profit will be made.
Anders suffered a shock when his electric radio dropped into the bathtub--while Anders was taking a bath. Anders argued that he did not realize it was dangerous to operate an electric radio near his bathtub. If he sues the radio manufacturer for damages, which claim is he most likely to make?
A. res ipsa loquitur B. negligent manufacture C. failure to warn D. negligent design