top management should be viewed as part of the firms infrastructure.
the international trade secretariats have had tremendous success.
coordination and policy harmonization problems are largely a function of the number of
countries that seek agreement.
licensing gives a firm tight control over manufacturing, marketing, and strategy in a
foreign country that may be required to maximize its profitability.
by centralizing decision making, a firm can avoid the duplication of activities that
occurs when similar activities are carried on by various subunits within the
organization.
the ultimate controlling unit within the eu is the european council.
it is in the best interest of prospective employees to find out all they can about the
ethical climate in an organization.
by identifying and investing early in a potential future economic star, international firms
can build brand loyalty and gain experience in that countrys business practices.
entering into a forward contract will lower the borrowers cost of capital.
during the 1980s and early 1990s, the world trading system erected by the gatt gained
momentum as protectionist demands generally decreased across the world.
an advantage of joint ventures with a local partner is the knowledge of the local
environment that the local partner contributes to the venture.
(a)what is a convertible bond?
(b)discuss the advantages of a convertible bond from the standpoint of the bondholders
and of the issuing corporation.
peoples right to protest on issues of accountability in public expenditure would be
possible in a _____ political set-up.
a.dictatorial
b.democratic
c.totalitarian
d.fascist
which of the following is not true of a strong corporate culture?
a.almost all managers share a relatively consistent set of values and norms that have a
clear impact on the way work is performed
b.a strong culture leads to high performance
c.outsiders see firms with a strong culture as having a certain way of doing things
d.a strong culture can be a bad culture
Containerization allows:
A.reduction of the time needed to get from one location to another.
B.simplification of transshipment from one mode of transport to another.
C.buyers and sellers to find each other easily.
D.enterprises to coordinate and control a globally dispersed production system.
the _____ states that in competitive markets free of transportation costs and barriers to
trade, identical products sold in different countries must sell for the same price when
their price is expressed in terms of the same currency.
a.law of one price
b.principle of consistent pricing
c.model of fair pricing
d.rational price theory
Which of the following statements is true of the capital budgeting used in international
businesses?
A.Capital budgeting does not provide connection between cash flows to the parent and
subsidiaries.
B.Its basic framework is vastly different from the framework of domestic capital
budgeting.
C.Capital budgeting does not consider the cash flows between subsidiaries of a firm.
D.It enables top managers to compare different investment alternatives in an objective
fashion.
which of the following is one of the four attributes present in porters diamond?
a.economies of scale
b.factor endowments
c.structural innovation
d.procedural innovation
identify the correct statement about the rights theories.
a.human beings have fundamental rights and privileges that transcend national
boundaries
b.the moral worth of actions or practices is determined by their consequences
c.people should be treated as ends never purely as means to the ends of others
d.the only social responsibility of business is to increase profits, so long as the company
stays within the rules of law
Since the collapse of communism at the end of the 1980s, the erstwhile communist
nations have transformed their economies by globalizing their markets. This involves
____.
A.regulating markets
B.privatizing state-owned enterprises
C.decreasing competition
D.reducing foreign investment
fornelli corporation borrowed $360,000 from central bank on may 31, 2011. the
three-year, 7% note required annual payments of $137,178 beginning may 31, 2012. the
total amount of interest to be paid over the life of the loan is
a.$25,200
b.$51,534
c.$100,562
d.$75,600
which of the following statements about retail systems is true?
a.one factor contributing to greater retail concentration is an increase in car ownership
b.the number of households with refrigerators leads to lesser retail concentration in
developed countries
c.there is a tendency for greater retail concentration in many developing countries
d.retail systems are very fragmented in developed countries
the smoot-hawley act aimed at:
a.diverting consumer demand toward foreign products
b.promoting unrestricted free trade
c.limiting global warming
d.avoiding rising unemployment
which of the following is seen as a benefit of the euro?
a.governments gaining greater control over their monetary policies
b.reduced competition in most industries
c.zero interest expense for businesses
d.lower foreign exchange and hedging costs
in several western democracies, the poor performance of state-owned enterprises,
because of protection from competition and guaranteed government financial support,
led to _______.
a.privatization
b.nationalization
c.liberalization
d.socialization of production
to ensure that a free trade agreement does not result in trade diversion, which of the
following has to come within the scope of wto?
a.nontariff barriers
b.services
c.energy markets
d.tax rates
foreign producers typically agree to voluntary export restrictions because:
a.their manufacturing capacity is limited
b.they can divert their exports to other countries and charge more for their products
c.they fear far more damaging punitive tariffs or import quotas might follow if they do
not
d.they are required to by the world trade organization
what are the advantages of global capital market in comparison with a purely domestic
capital market?
explain john dunnings position on fdi. what is the eclectic paradigm?
what is buddhism? compare buddhism with hinduism.
perez co. receives $1,100,000 when it issues a $1,100,000, 8%, mortgage note payable
to finance the construction of a building at december 31, 2012. the terms provide for
semiannual installment payments of $70,410 on june 30 and december 3
instructions
prepare the journal entries to record the mortgage loan and the first two installment
payments.
the market price of bonds is obtained by computing the present value of the
________________ paid at maturity, and all ________________ payments to be made
over the term of the bond.