Business

Maria, the vice president of sales for an international organization, believes that employees in her foreign offices understand best how to handle the personnel and practices in their offices. So when the corporate HR manager approached Maria about reprimanding Robert, a native Parisian who is the Paris office manager, for not doing things according to corporate policy, Maria backed Robert and said, "I believe that the home office should leave Robert alone because he best understands the local culture." Maria is a(n) ___ manager.a) globalb) polycentricc) parochiald) nativee) ethnocentric
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-.a) State the main function of a business.
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Which of the following statements accurately describe the practice of tax inversion? A) A company shifts their headquarters to a foreign country. B) A company decreases cash holdings in a foreign country. C) A company increases debt in their home country. D) Both A and C, but not B.
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When Miles separated from service with his former employer, he had a $10,000 outstanding balance in an employer plan loan. He received a total distribution of $30,000 without regard to the loan. The check he received was for $14,000. Mandatory withholding was $6,000. How much of the distribution is taxable
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Irfan is a small business entrepreneur who has taken a mortgage loan to finance his business. He needs to repay the loan over a span of 15 years. Which part of Irfans businesss balance sheet would this amount of money be seen?A. current assetsB. fixed assetsC. current liabilitiesD. long-term liabilitiesE. owners equity
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There is an inverse relationship between bonds' quality ratings and their required rates of return. Thus, the required return is lowest for AAA-rated bonds, and required returns decrease as the bond ratings get higher.A. TrueB. False
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Which of the following statements is true?a.IT equals business success. b.IT equals business innovation. c.IT represents business success and innovation. d.IT enables business success and innovation.
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Find the present values of the following cash flow streams. The appropriate interest rate is 9%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows. However, if you have a financial calculator, read the section of the manual that describes how to enter cash flows such as the ones in this problem. This will take a little time, but the investment will pay huge dividends throughout the course. Note that, when working with the calculator's cash flow register, you must enter CF0
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Which of the following types of research refers to research conducted for a single firm to provide specific information its managers need? A. Syndicated research B. Exploratory research C. Custom research D. Descriptive research E. Casual research
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Adhering to a new act passed in 2002, the CEO of Pearsil & Pearsil, a real estate company, now personally certifies the validity of the company's financial statements. Given this information, the CEO most likely follows the_____.
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True or false you should only create a slides presentation if you know that you will be presenting in a smart Room
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What is the difference between absolute advantage and comparative advantage?
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Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house one time) takes a team of three house cleaners about 1.5 hours. On average, HHH completes about 15,000 cleanings per year. The following total costs are associated with the total cleanings:Direct materials?Direct labor$472,500Variable overhead15,000Fixed overhead18,000Next year, HHH expects to purchase $25,600 of direct materials. Projected beginning and ending inventories for direct materials are as follows:Direct Materials InventoryBeginning$4,000Ending2,600There is no work-in-process inventory and no finished goods inventory; in other words, a cleaning is started and completed on the same day.Required:1. Prepare a statement of cost of services sold in good form. If an amount is zero, enter "0".Happy Home Helpers, Inc.Statement of Cost of Services SoldFor the Coming Year
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Clarissa wants to fund a growing perpetuity that will pay $10,000 per year to a local museum, starting next year. She wants the annual amount paid to the museum to grow by 5% per year. Given that the interest rate is 9%, how much does she need to fund this perpetuity?A) $250,000.00 B) $125,000.00 C) $300,000.00 D) $200,000.00
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Partha owns a qualified annuity that cost $52,000. Under the contract, when he reaches age 65, he will receive $500 per month until he dies. Partha turns 65 on June 1, 2018, and receives his first payment on June 3, 2018. Refer to the Annuity payment table to answer the following question. Partha will report gross income of $______ from the annuity payments in 2018.
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CNP, Inc. is considering a project that will produce cash inflows of $12,000 in year one, $27,600 in year two, and $48,100 in year three. What is the present value of these cash inflows if the company assigns the project a discount rate of 10.5 percent?a. $69,113.58b. $64,999.91c. $76,370.51d. $58,372.13e. $71,824.90
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Your friend says most credit cards charge people the same interest rate so it doesnt make sense to shop around. Do you agree with him? Why or why not?
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The hotel chain Ritz-Carlton uses the phrase "Ladies and gentlemen taking care of ladies and gentlemen" to demonstrate the company's cultural commitment to take care of both employees and customers. Which of the following is the Ritz-Carlton using to express its corporate culture?a. The company is expressing its key corporate value with a slogan.b. The company is using a ceremonial demonstration of its values.c. The company is conveying the value of its employees with a story.d. The company is illustrating its heroes with strong company values.
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Caleb, the CEO of Doberry Edibles, is very particular about establishing and maintaining good interpersonal relations with his employees. He also has high standards for personal excellence and works hard to accomplish his goals. According to McClelland, this indicates that Caleb has a______________
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Fabians factory produces and sells computers and gaming consoles. Over time, he determined that he could produce gaming consoles much more profitably than computer systems. What factor affected Fabians decision to produce only gaming consoles? A. foreign exchange rate B. protectionism policy C. trade restrictions D. opportunity cost
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Which word best describes the writing process in business writing?OA. quickB.recursiveOC. linearOD. casualE.universal
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Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief mentioned that the logs should be made of teak wood and be identically sized. After receiving the order, the quality specialist of the furniture manufacturer observed that the logs were too big to be used for building furniture. In this scenario, it is likely that the information provided by the furniture manufacturing company to Alex Timbers was _____.A) untimelyB) irrelevantC) inaccurateD) incomplete
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Classify the following changes in each of the accounts as either an outflow or an inflow of cash. During the year (a) marketable securities increased, (b) land and buildings decreased, (c) accounts payable increased, (d) vehicles decreased, (e) accounts receivable increased, and (f) dividends were paid.
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The media industry is dominated by which of the following?OA. Innovative entrepreneursOB. Monopolistic marketsOC. Internet news sourcesOD. Media conglomerates
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