Which of the models of organization structure depends most heavily on communication and coordination between subsidiaries?
A. The global model
B. The transnational model
C. The international model
D. The worldwide model
E. The multinational model
B. The transnational model
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A new shopping mall is considering setting up an information desk operated by two employees. Based on information obtained from similar information desks, it is believed that people will arrive at the desk at the rate of 20 per hour
It takes an average of 4 minutes to answer a question. It is assumed that arrivals are Poisson and answer times are exponentially distributed. (a) Find the proportion of the time that the employees are busy. (b) Find the average number of people waiting in line to get some information. (c) Find the expected time a person spends just waiting in line to have his question answered.
A direct quote is always denominated in U.S. dollars, since the dollar is the medium of exchange in
international business. Indicate whether the statement is true or false