Which of the following is not a benefit of an international business?

less expensive labor and production costs

opportunities to outsource manufacturing

expansion of markets

cultural and ethnic differences of customers

Consider this case: Last year, Jackson Tires reported net sales of $80 million and total operating costs (including depreciation) of $52 million. Jackson Tires has $115 million of investor-supplied capital, which has an after-tax cost of 7.5%.

On January 8, Lowrence Co. issued a $60,000, 120-day discounted note to Raines Bank. The discount rate is 8%. Assuming a 360-day year, what is the amount of proceeds received? a. $58,400 b. $55,200 c. $60,000 d. $61,600

Codes of conduct (ethics) are formalized rules and standards that describe what the company expects of its employees in terms of ethical behavior. 1. True 2. False

Which of the following is the set of data and information the firm gathers to better understand and anticipate competitors objectives, strategies, assumptions, and capabilities?

An ad agency tracks the complaints, by week received, about the billboards in its city: Week No. of Complaints 1 7 2 7 3 5 4 7 5 4 6 19 a. What type of control chart would you use to monitor this process? Why? b.

Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect. A. The market supply curve is upward sloping at prices above the firm's shutdown price. B.

1. Identify a company or organization from which you have received high-quality products and describe the characteristics which make it high quality. 2.

Consider the following list of accounts: Cash Retained Earnings Service Revenue Utilities Expense Salaries Expense Accounts Receivable Accounts Payable Common Stock Equipment Dividends How many of these accounts have a normal debit balance?

On July 9, Mifflin Company receives an $7,400, 90-day, 10% note from customer Payton Summers as payment on account.

Which of the following preventive strategies is described below: Violence often escalates. Behaviors like excessive complaining, hostility, threats, swearing, and sabotage frequently precede more violent incidents.