Joint ventures are used in host countries with fewer restrictions on foreign investment

Net Corp. has an ROE of 20% and would like to see earnings grow at a 13.60% annual rate. What percentage of earnings can it afford to payout as dividends?

a. 68% b. 32% c. 5.33% d. 17%

OM's transformation role is to add value. Value added is

a) performing activities well for the least possible cost b) the net decrease between output product value and input material value c) increasing product value in the first stage d) the net increase between output product value and input material value e) customizing a product, regardless of expense, to satisfy customer needs