Foreign Managers Trained in the Latest Management Techniques Can Often

question 101

Multiple Choice

Foreign managers trained in the latest management techniques can often help to improve the efficiency of operations in the host country,whether those operations are acquired or greenfield developments.This benefit of FDI falls into the category of

• A)employment effects.
• B)balance-of-payments effects.
• C)effects on competition.
• D)resource transfer effects.
• E)autonomy effects.

Understand the role of direct labor-hours in the calculation of plantwide overhead rates versus ABC system rates.

Understand the fundamentals of activity-based costing (ABC) and its application in assigning overhead costs to products and customers.

Calculate the total cost of serving a customer for one year using specific activity rates under the ABC system.

Determine overhead costs assigned to specific products using the activity-based costing system.

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Definitions:

Natural Capacities

Innate abilities or potentials that individuals possess, which may encompass physical, cognitive, or emotional strength and aptitude.

True Feelings

Genuine emotions or sentiments that an individual experiences and may or may not express openly.

Humanistic Perspectives

Theoretical views stressing a person’s capacity for personal growth and positive human qualities.

Unconditional Love

Love without conditions or limitations, typically seen as an ideal form of affection one might have for another person.