Flashcards by Hesham El-Ghussein

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Question 1 If the Piper & Son's fixed cost for making pickled peppers is $200 000, and its variable cost per jar is $1, how many jars would the company have to sell at $3 per jar to break even? A) 100 000 B) 50 000 C) 66 667 D) 133 333 E) 300 000 Quiz Me Topic ▸	Answer Click to Reveal Thank
Question 2 Which of the following constitutes the best evidence for globalization? A) Country X has raised the tax on gasoline and, as a result, more of its citizens are taking public transportation and cutting back on car travel. B) A flood in country X causes factories to shut down temporarily and they cannot deliver computer chips to foreign buyers. Company Y (in another country) has to reduce its output, and it also raises the price of its products. C) Country X has almost exhausted all of its available natural energy sources. The government has been investing in alternative energy research for many years and has developed an efficient synthetic energy source. D) Diamonds that are mined in Country X are sold on the diamond market in Country Y and the money is used to fund a rebel group trying to overthrow the government in Country X. E) Farmers in Country X lose most of their wheat crops because of a drought. The price of wheat triples and the government of country X reimburses farmers for some of their losses. Quiz Me Topic ▸	Answer Click to Reveal Please Login or Register to use this feature.
Question 3 The most successful firms are getting leaner by focusing on their core competencies, but these new business models call for A) new corporate boundaries. B) unprecedented funds. C) unprecedented coordination. D) environmental management. E) none of these is correct. Quiz Me Topic ▸	Answer Click to Reveal Please Login or Register to use this feature.

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