Which of the following is true with regard to workforce reduction and employee termination?
A) In the United States, declaring bankruptcy does not enable firms to shed labor during company reorganization.
B) Laying off workers requires management to consider local norms, regulations, and labor unions.
C) Most European countries do not restrict firms' ability to lay off workers.
D) In most countries, the employer is considered the weaker party.
B
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A lease that transfers the benefits and risks of ownership should be classified as an operating lease.
a. true b. false
First-mover disadvantages refer to:
A. disadvantages associated with entering a foreign market before other international businesses. B. costs that a late entrant to a foreign market has to bear. C. a direct restriction on the quantity of a good that can be imported into a country. D. imperfections in the operation of the market mechanism. E. disadvantages experienced by being a late entrant in a foreign market.