________ is a global pricing strategy used by organizations when the domestic currency is strong
A) Billing foreign customers in the domestic currency
B) Minimizing expenditures in local or host country currency
C) Shifting sourcing to domestic market
D) Stressing price benefits
A
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A company produces 400 microwave ovens per month, each of which includes one electrical circuit
The company currently manufactures the circuit in-house but is considering outsourcing the circuits at a contract cost of $48 each. Currently, the cost of producing circuits in-house includes variable costs of $26 per circuit and fixed costs of $7,000 per month. Assume the company could not reduce any fixed costs by outsourcing and that there is no alternative use for the facilities presently being used to make circuits. If the company outsources, operating income will ________. A) increase by $19,200 B) decrease by $10,400 C) decrease by $8,800 D) stay the same
A project has achieved success. Which of the following statements is another way of expressing the same outcome?
A) The project achieved the dual constraint plus the two external conditions. B) The project achieved the triple constraint plus the one internal condition. C) The project achieved the triple constraint plus the one external condition. D) The project achieved the dual constraint plus the two internal conditions.