Mitsubishi Heavy Industries Ltd. and other Japanese companies manufacture airplanes under license to U.S. firms, and also work as subcontractors for aircraft parts and systems. This type of effort is known as:

A) searching for loose bricks.
B) collaborating.
C) building of layers of advantage.
D) changing the rules of engagement.
E) innovating.


B

Business

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The difference between the actual cost of the input and its planned cost is

A) the total budget variance. B) the usage variance. C) the price variance. D) the efficiency variance. E) the budget variance.

Business

Carmello and Leslie (ages 34 and 35, respectively) are married and want to contribute to a Roth IRA. In 2019, their AGI totaled $42,000 before any IRA-related transactions. Of the $42,000, Carmello earned $35,000 and Leslie earned $7,000. How much can each spouse contribute to a Roth IRA if they file jointly? How much can each spouse contribute to a Roth IRA if they file separately?

What will be an ideal response?

Business

In an orderly society, law and the legal system help to:

a. influence the behavior of members of society b. resolve disputes c. maintain the important values of society d. provide a way for important social changes to take effect e. all of the answers are part of the role of law

Business

Market power is defined as:

a. the ability of one or more firms profitably to maintain prices above competitive levels for a significant period of time b. the ability of one or more firms to make a profit for a significant period of time c. the ability of one or more firms to evade taxes d. the ability of one or more firms to join together in a co-op e. the ability of one or more firms to consistently produce a superior product

Business