Social globalization is based on:
A) trade and investment flows and restrictions.
B) measures of political cooperation between countries.
C) specialization and international exchange.
D) the flow of ideas, images, and information.
Answer: D) the flow of ideas, images, and information.
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The Can Division of Fruit Products Inc. manufactures and sells tin cans externally for $0.60 per can. Its unit variable costs and unit fixed costs are $0.24 and $0.08, respectively. The Packaging Division wants to purchase 50,000 cans at $0.32 a can. Selling internally will save $0.02 a can.
Assuming the Can Division has sufficient capacity, what is the minimum transfer price it should accept? a) $0.30 b) $0.32 c) $0.22 d) $0.24
In the context of medical malpractice, what is a "never event"?
A) A medical condition that despite the best screening and technology cannot be detected. B) A pandemic that quickly spreads and infects many people. C) A medical error that should never occur. D) An event for which doctors and medical facilities cannot be held legally responsible.