IBM Entered into a Venture with the Chinese Railways Ministry

question 100

Multiple Choice

IBM entered into a venture with the Chinese Railways Ministry that allowed IBM to set up a national network of IBM service centers in railway stations so that IBM could ship computer parts via the railroad around the country within 24 hours. This venture was dubbed the

• A) Blue Connect.
• B) China Express.
• C) China Blue.
• D) Blue Express.
• E) China Connect.

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Definitions:

Applied

In accounting and finance, this term refers to the allocation of costs or payments towards specific objectives, accounts, or purposes.

Common-Size Percentages

Financial analysis tools that express each item in a financial statement as a percentage of a base amount, facilitating comparison.

Trend Percentages

Trend percentages are an analytical tool used to examine changes in financial statement items over multiple periods, identifying patterns or shifts in financial performance.

Trend Percentages

A financial analysis tool that compares various financial statement items over a series of periods to detect patterns and trends, often expressed as a percentage of a base year.