In which of the following methods does the most recent costs of purchasing inventory remain in the ending inventory?

If a vision conveys a(n)_________, it communicates a standard of excellence and a clear choice of positive values.

A) goal B) ideal C) criterion D) standard

If a value creation activity of a firm can take place in Mexico most effectively, then that activity of the firm must be based in Mexico. Firms that pursue such a strategy are most likely to realize:

A. a position inside the efficiency frontier. B. the experience curve. C. economies of scale. D. location economies. E. demographic advantages.