The chief executives of Swiss Swatch Group and Japanese Canon would like to:
A) outsource all of the manufacturing units overseas in order to save money.
B) outsource a majority of the manufacturing functions overseas.
C) retain a majority, if not all, of the manufacturing in their home country.
D) establish "call centers" in developing countries in order to save labor costs.
E) outsource a full line of new products only.
C
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a. true b. false
Under the add-on method for determining payments on a consumer loan,
A) service charges are added to the each monthly payment. B) a service charge for loan handling is added to the amount borrowed. C) interest is only added to the final monthly payment on the loan. D) interest is added to the amount financed in order to determine the total monthly payments.