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1. Joint ventures are usually more successful when: A. both partners have equal ownership and are mu

1. Jointventures are usually more successful when:
A. both partnershave equal ownership and are mutually dependent on each other for results.B. the partiesinvolved have complimentary technologies that reduce development costs andproduct delivery to market.C. the riskinvolved is reduced, technologies compliment each other, and corporate cultures
arerelatively the same.D. partnersreduce financial risk and obtain additional technological or manufacturingcapabilities as a result.
2. When thepressure for local responsiveness is strong and the pressure for coordinationis weak for multinational corporations in an industry, the industry will be:
A. global.B. consolidated.C. multidomestic.D. risky.
3. Matt almosthas enough money to buy a motorcycle. After studying all of the literature onYamaha, Harley-Davidson, Honda, Suzuki, and Kawasaki brands, he realizes there are manydifferences. He decides that the most important feature is the gas mileagesince gas has become so expensive these days.After looking at his options, Matt buys a Yamaha because it gets thebest gas mileage. In making his choice, Matt has adopted the __________heuristic model of consumer buying behavior.
A. conjunctiveB. elimination-by-aspectsC. expectancy-valueD. lexicographic
4. KimberlyClark was using a(n) __________ attack strategy when it introduced Huggies andgrabbed a large portion of P&G’s disposable diaper market share. Huggieswas a much better-fitting diaper than P&G’s Pampers.
A. flankB. encirclementC. frontalD. guerrillaE. innovative
5. Thefollowing information pertains to the South Division of Constantine Co: sales$18,000; variable cost of merchandise sold $7,200; variable operation expenses$2,700; fixed cost controllable by segment manager $2,400; fixed costcontrollable by others $1,000; unallocated costs $600. The segment margin controllable by thesegment manager is:
A. $4,100.B. $4,700.C. $8,100.D. $5,700.
6. Fastener BoxCompany currently produces cardboard boxes in an automated process. Expected production per month is 40,000units. The required direct materialscost $0.30 per unit. Manufacturing fixedoverhead cost is $24,000 per month and is allocated based on units ofproduction. What is the flexible budgetfor 40,000 and 20,000 units respectively?
A. $26,000;$20,000B. $36,000;$30,000C. $40,000; $34,000D. $44,000; $38,000
7. Idealism about future outcomes achieved through anorganization’s people is often reflected in the broadly stated __________created by the organization’s leaders.
A. strategic planB. mission statementC. employment contractD. architecture for alignment and implementationE. vision statement

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