Scenario 3.1 Mini-PC Is a Houston-Based Manufacturer of Handheld Computers.In Response to Response

question 28

Multiple Choice

Scenario 3.1
Mini-PC is a Houston-based manufacturer of handheld computers.In response to high European demand, Mini-PC purchased Marstrand Electronics, a handheld computer manufacturer in Stockholm, Sweden.Mini-PC allowed the management of Marstrand to continue its functions rather than sending U.S.managers to oversee Swedish operations.Mini-PC decided to purchase Marstrand because virtually all Swedes speak English, value women's rights, and are predominantly Christian in religious beliefs.The Swedish workforce is about 80 percent unionized, in comparison to Mini-PC's nonunionized workforce.Sweden has a socialist approach to health benefits, which means higher personal taxes for workers but lower health benefits costs for employers.When comparing average national scores on Hofstede's dimensions of culture, the United States and Sweden are about the same in power distance and long-term orientation, but the United States scores higher than Sweden in individualism and uncertainty avoidance.
-Which of the following forms of trade control places a limit on the number or value of goods that can be traded​?

• A) ​Quota
• B) ​Tariff
• C) ​Common currency
• D) ​Licensing
• E) ​Strategic alliance

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Definitions:

Capital Assets

Long-term assets acquired for operational purposes rather than for resale, including buildings, machinery, and equipment.

CPA Canada Handbook

A comprehensive guide providing standards and guidelines for accounting and financial reporting in Canada.

Equity Method

Equity Method is an accounting technique used by companies to record investments in other companies, recognizing income or loss based on the investee's performance and adjusting the investment's value accordingly.

Consolidating

The process of combining financial statements of separate entities within a corporate group to present as if they were a single economic entity.