Kraft purchased all of the common stock of Cadbury PLC. This is an example of ________

A) foreign portfolio investment
B) foreign direct investment
C) international expansion
D) global licensing

B

Business

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Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa

costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years. If the account earns 10% per year, what is the amount of each deposit? A) $79,885 B) $32,947 C) $34,286 D) $72,623

Business

Which of the following is the role of a manager in an employee's career development?

A) providing positive employee references B) identifying the main interests of employees C) providing monetary assistance for higher education D) linking performance appraisals to development plans

Business