If an organization's culture is externally oriented and focused on control with its primary objectives as productivity, planning, and efficiency, it could best be described as a(n) _____ culture.

The staffing policy that requires host-country nationals to be recruited to manage subsidiaries, while parent-country nationals occupy key positions at corporate headquarters, is called:

A. geocentric. B. polycentric. C. ethnocentric. D. global. E. transnational.

Five years ago Fairfield Farms Inc. issued 20 year semi-annual coupon bonds with a 9% annual coupon rate and a $1,000 face value. If the bonds currently carry a yield to maturity of 6%, what is the current price of a bond?

A) $1,346.72 B) $1,294.01 C) $1,344.10 D) $1,291.37