According to the Integration-Responsiveness (IR)Grid, Consumer Electronics and Corporate Banking

question 49

Multiple Choice

According to the Integration-Responsiveness (IR) Grid, consumer electronics and corporate banking are two types of industries with ________ industry pressure for global integration and ________ industry

• A)low; low
• B)high; high
• C)low; high
• D)high; low

---

Definitions:

Repairs

Expenses incurred to restore an asset to a condition where it can perform its intended function, without improving beyond its original state.

Accrued Vacation Pay

Represents the amount of vacation time earned by employees that has not yet been used or paid out, and is recorded as a liability on the company's balance sheet.

Vacation Cost

Expenses associated with taking a vacation, including travel, accommodation, meals, and activities.

Product Warranty

A guarantee provided by the seller that a product will meet certain performance standards or can be repaired or replaced within a specified period.