Firms focusing on cost leadership tend to find the lowest cost location for their manufacturing facilities, but only if that means locating very far from the markets they serve

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Answer the following statement(s) true (T) or false (F)

1. The process of choosing the best qualified applicant recruited for a job is known as selection. 2. It is unnecessary, as part of a good selection process, to minimize litigation due to “negligent hires.” 3. Part of the selection process involves determining the “personality-job fit.” 4. Construct validity measures a trait that is not directly observable. 5. If a test is not reliable, it can’t be valid.

Business

Drug manufactures have no duty to place their products in containers that cannot be opened by

children. Indicate whether the statement is true or false

Business

In the case of Lefkowitz v. Great Minneapolis Surplus Store, Inc, the court decided that the store's advertisement was not a valid offer to enter into a contract but was merely an invitation to make an offer

a. True b. False Indicate whether the statement is true or false

Business

The basic premise of the FREE CASH FLOW TO THE FIRM METHOD OF VALUATION is that a firm should be worth the present value of anticipated cash flows

Indicate whether the statement is true or false

Business