The advantages of the M-Form of firm organization is
a. divisions can respond more easily to change
b. it is easier to maintain customer relationships
c. there is less coordination across the firm's divisions
d. all of the above
d
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According to opportunity-cost theory, the cost to an airline of letting its employees fly at no charge
A) depends upon the alternatives available to the employees. B) is greater around the Christmas holidays. C) is zero. D) will depend upon the value employees place upon travel.
The return that a domestic investor receives on a foreign investment is equal to
A) the interest rate on the foreign investment minus the interest rate on a comparable domestic investment. B) the appreciation rate of the foreign currency minus the appreciation rate of the domestic currency. C) the interest rate on the foreign investment times the appreciation rate of the foreign currency. D) the interest rate on the foreign investment minus the rate of appreciation of the domestic currency.