Which of the following is NOT one of the three most common reasons for corporations to make foreign direct investments?
A. They seek access to new markets.
B. They seek to introduce new management skills and technologies to foreign markets.
C. Companies in nations with small domestic markets enter foreign markets to grow.
D. Some companies create efficiencies and lower their costs by moving production across borders.
Answer: B. They seek to introduce new management skills and technologies to foreign markets.
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What technique can most efficiently lessen water shortages caused by droughts?
a. restricting water usage of consumers b. allowing price to equate the quantity demanded of water with the quantity supplied of water c. imposing tight price controls on water d. arresting anyone who wastes water
When using the LIFO inventory costing method, ending merchandise inventory will be the lowest, as compared to FIFO and weighted-average inventory costing methods, when costs are increasing
Indicate whether the statement is true or false