You can invest $100,000 for one year at 5%, annual compounding. What must be the one-year rate but quarterly compounded to achieve the same proceeds?

A corporation is not allowed to hold title as:

a. tenants in partnership b. joint tenants c. tenants in common d. joint venture

How do national products cause substantial opportunity costs to companies?

A) by restricting companies from utilizing global leverage in marketing and production B) by transferring the experience gained in one market to other markets C) by utilizing the expertize acquired by managers in a single product in other markets D) by allowing managers from outside markets to acquire product expertise