1. The major purpose of a financial system is to
a. trade stocks and bonds.
b. regulate banks.
c. print money and checks
d. match savers with borrowers
2. An office supply store can buy a desk for $100. If the store owner sells the desk for $200, what is the markup on cost?
a. 200%
b. 20%
c. 50%
d.100%
3. TRUE or FALSE
There are three primary forms of the multidivisional structure.
4. True or False
Cemex, the Mexico-based cement maker, is very successful in emerging nations because it uses low-tech methods for coordinating its operations suitable to the conditions in these countries. This has allowed Cemex unusually strong economies of scale.
5. TRUE or FALSE
A corporate-wide emphasis on sharing leads to a reliance on financial controls.
6. TRUE or FALSE
Organizations should first change strategy and then determine a compatible structure as it is easy to change existing structure.