21._____ refers to a company’s use of resources accumulated in one part of the world to fight a competitive battle in another. a.Hard power b.Diversification c.Soft power d.Cross-subsidization 22.Which of the following is a pitfall that handicaps global marketing programs and contributes to their suboptimal performance? a.Excessive cross-subsidization b.Vertical integration c.Overstandardization d.Adaptation 23.The NIH syndrome refers to _____. a.leveraging of local assets in segments […]

  8.2   The Short Run and the Long Run in Economics   1) A characteristic of the long run is A) there are fixed inputs. B) all inputs can be varied. C) plant capacity cannot be increased or decreased. D) there are both fixed and variable inputs.   2) Which of the following is a factor of production that generally is fixed in the short […]

  41) The half-life of bromine-74 is 25 min. How much of a 4.0 mg sample is still active after 75 min?  A) 0.50 mg B) 1.0 mg C) 2.0 mg D) 0.25 mg E) 4.0 mg 42) When an atom of uranium-235 is bombarded with neutrons, it splits into smaller nuclei and produces a great amount of energy. This nuclear process is called  A) […]

    51) The difference between the ________ and the ________ from the sale of a product is called producer surplus. A) lowest price a firm would have been willing to accept; price it actually receives B) highest price a firm wold have been willing to accept; lowest price it was willing to accept C) cost to produce a product; price a firm actually receives […]

  90.Team cohesiveness tends to be higher when:  A.the team is large and established. B.when entry into the team is difficult. C.when the team has distinct fault lines. D.when members have limited interaction. E.external competition is limited. 91.When compared to people in low-cohesion teams, members of high-cohesion teams:  A.are less motivated to maintain their membership. B.resolve conflicts swiftly and effectively. C.are less sensitive to each […]

  11) Which of the following shift the supply of labor curve leftward? i.an advancement in technology ii.a decrease in the price of the product that the labor produces iii.a decrease in the adult population A) i and ii B) ii and iii C) ii only D) iii only E) i, ii, and iii 12) The figure above shows the market supply of labor curve. […]

  41. (p. 338) _____ planning incorporates generalized goals for the enterprise as a whole.  A. Operational B. Tactical C. Corporate D. Collaboration E. Personnel 42. (p. 338) Strategic planning is conducted at the _____ levels of management and deals with products, capital, and research and the long and short term goals of the company.  A. operational B. tactical C. internal D. highest E. secondary 43. (p. 337) During the global downturn of the 1990s, Company A had more global marketing operations than Company […]

  88.              Materials costs of $500,000 and conversion costs of $535,500 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There were no units in beginning work in process, 100,000 units were started into production in September, and there were 8,000 units in ending work […]

  31) The above figure shows the U.S. market for wheat. With international trade, the gain in total surplus is equal to ________. A) area A B) area B + area C C) area D D) area C + area F E) area C + area D + area F 32) The above figure shows the U.S. market for wheat. With no international trade, consumer […]

  31. Mark the correct answer. In cash basis accounting, for tax purposes: a. Income is recognized when it is actually or constructively received and expenses are recognized when they are actually or constructively incurred, regardless of when paid. b. Income is recognized when it is earned regardless of when received and expenses are recognized when they are actually or constructively incurred. c. Income is generally recognized when it […]