The argument for centralizing production will be greater if the minimum efficient scale of a plant relative to total global demand is low.

Mike and Ike are 30 year old identical twins. Both are in excellent health. Each brother purchases a life policy that has a $750 annual premium. Mike buys a 10-year renewable term policy. Ike purchases a whole life policy. All of the following statements are true EXCEPT

A) Mike's policy will develop no cash value over the policy's term B) Ike may eventually take out a policy loan C) Ike will have a level premium D) Mike has the option of using his cash value to purchase a reduced amount of paid-up whole life insurance

As a manager, you believe that people will be self-directed and creative if they are committed to company goals. If you subscribe to the Theory Y approach to management, you also believe that