Foreign Market Entry

Only available on StudyMode
  • Download(s) : 282
  • Published : January 22, 2013
Open Document
Text Preview
When it comes to salaries, no profit-oriented team owner will knowingly pay more than a player is expected to generate in:
Answer

 
power

 
points

 
controversy

 
revenue

Low- and mid-priced sporting goods for the American market are often made elsewhere, but high-end sporting goods are often made in America because U.S. manufacturers can still produce and sell them at a lower:

Answer

 
discount rate

 
mark-up

 
profit margin

 
relative cost

Players sell their skills and talents in the:
Answer

 
financial market

 
product market

 
labor market

 
supermarket

A father of four told the Boston Globe he often turns down free sports tickets because he still walks out $100 lighter after paying for all the extras. His reluctance is based on:
Answer

 
the high price of complementary products

 
the high price of substitute products

 
the quantity theory of money

 
cheapness

A league protects the value of individual teams by limiting the total number of teams and limiting the number of teams in a market area.
Answer
 True  False

Interaction between buyers and sellers helps to determine:
Answer

 
which team will win the championship

 
the survival of the fittest

 
price levels

 
none of the above

Using the Cash Flow Statement (posted on Blackboard and the one used in class) which company retired stock this year?
Answer

 
Baldwin

 
Chester

 
Digby

 
Erie

 
Ferris

Using the Cash Flow Statement (posted on Blackboard and the one used in class) which company has largest decrease in sensors remaining in inventory this year than last year?
Answer

 
Baldwin

 
Chester

 
Digby

 
Erie

 
Ferris

Using the Cash Flow Statement (posted on Blackboard and the one used in class) if Erie has only one product with a unit cost of $20, how many more sensors do they have left in inventory this year than last year?

Answer

 
2,000 (000)

 
1,000 (000)

 
100 (000)

 
0

 
They actually have fewer sensors left in inventory this year compared to last year, not more!
How much net income did Digby generate last year? (Answer in thousands …drop the last three digits!) (Refer to...
tracking img