GE Capital, GE's lending arm, uses ________ with financial institutions in South Korea, Spain, Turkey, and elsewhere to reach more geographic and technological markets and to diversify investments and risk
A) licensing deals
B) direct investment
C) indirect exporting
D) joint ventures
E) direct exporting
D
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Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. The company rules are clearly specified in the handbook, and Peter also believes in close supervision of all employees. Happy Burger is a(n) _______ organization.
A. informal B. mechanistic C. organic D. decentralized E. non-hierarchical
A procedure that would most likely be used by an auditor in performing tests of control activities that involve segregation of functions but which leave no transaction trail is:
A. Reperformance. B. Reconciliation. C. Observation. D. Inspection.
Which of the following industries is most likely to have low equipment utilization?
A) auto manufacturing B) commercial baking C) television manufacturing D) steel manufacturing E) restaurants
______ is the difference between the expected value of the decision with perfect information and the expected value of the decision without perfect information.
a. Expected value of perfect information b. Expected regret c. Expected loss d. Expected value