A drawback to the price-to-cash-flow method of valuation is that there is no generally accepted cash flow measure

A major advantage of offshoring for some American companies is that they

a. lower costs and therefore become more competitive. b. raise prices to cover the costs of offshoring. c. develop closer alliances with American labor unions. d. can avoid participation in international business.

PepsiCo experienced great success in Latin America with its Numeromania contest, which lured consumers by promising big cash prizes. They used the same contest in Poland successfully. This shows that:

A) Numeromania can be used in different languages. B) Numeromania can be used in cash starved countries. C) leverage experience gained in one country can be used in another country. D) economically squeezed consumers love Pepsi. E) Numeromania helped in developing a taste for Pepsi in both countries.