Starbucks entered India via an alliance with the Tata Group. This is an example of "market penetration."

At the date of issue, bond buyers determine the present value of the bonds' cash flows using the market interest rate.

a. true b. false

If a company standardizes on the components that are used in different models, it will:

A) reduce the variety of options offered to the customer. B) reduce the length of production runs. C) reduce waste. D) require the use of general-purpose machinery.