An amount is deposited for eight years at 8%. If compounding occurs quarterly, then the table value is found at
a. 8% for eight periods.
b. 2% for eight periods.
c. 8% for 32 periods.
d. 2% for 32 periods.
Answer: d. 2% for 32 periods.
Business
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To do business in international markets, local adaptation requires firms to _________.
A. centralize decision making B. give autonomy to local units C. mix both centralization and decentralization D. adopt a niche strategy
Business
Evaluation using expected, or ______________, performance is potentially superior to using past performance to decide whether actual results trigger a need for corrective actions. This is so because past performance fails to consider several changes that can affect current and future activities.
Fill in the blank(s) with the appropriate word(s).
Business