The need for knowledge management in IJVs primarily stems from ________
A) employee concerns regarding job security and benefits
B) cultural and system differences between partners
C) local government regulations and restrictions
D) proprietary information legalities
B
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Battista Stationery Company is a price-taker and uses target pricing
The company has completed an analysis of its revenues, costs, and desired profits and has calculated its target full product cost. Refer to the following information: Target full product cost $600,000 per year Actual fixed cost $280,000 per year Actual variable cost $3 per unit Production volume 150,000 units per year Actual costs are currently higher than target full product cost. Assume all products produced are sold. Assuming that variable costs are dependent on commodity prices and cannot be reduced, what is the target fixed cost? A) $320,000 B) $450,000 C) $150,000 D) $600,000
JT purchases 1,000 shares of stock at $14.78 per share in January 2006. He sells the 1,000 shares in
January 2010 for $15.50 per share. What is his internal rate of return? A) 11.2% B) 2.11% C) 1.2% D) 1.12%