Mortgage bankers originate mortgage loans, sell them to banks, pension funds, and insurance companies, and service or collect all the monthly mortgage payments

Indicate whether this statement is true or false.

Answer: TRUE

Business

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To do business in international markets, local adaptation requires firms to _________.

A. centralize decision making B. give autonomy to local units C. mix both centralization and decentralization D. adopt a niche strategy

Business

The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity?

A) It has not changed. B) It has increased by 37.5 boxes/hr. C) It has increased by 20%. D) It has decreased by 8.3%. E) It has decreased by 9.1%.

Business