When using a free trade zone (FTZ) or free port for exporting, Multiple Choice duties on labor and overhead costs are higher than in the rest of the country. price escalation cannot be controlled easily. payment of import duties is postponed. tariffs are usually higher for raw materials than for finished goods. goods can only be stored but not processed.

Employers hiring for entry-level positions in hospitality and tourism expect workers to

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.