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Using the company Nikon, answer the following questions:
a. In which geographical regions does the company operate?
b. What is the proportion of total sales represented by foreign sales? How has this changed over the past five to ten years?
c. What efforts has the company recently undertaken to increase or decrease globalization (e.g., joint ventures, licensing agreements, etc.)?
d. What are the company's hedging practices and policies?
e. Have any overseas activities been unsuccessful, discontinued, or resulted in asset losses? If so, what happened? Overall, how aggressively do you feel this company is pursuing globalization?
The following labor standards have been established for a particular product: What is the labor efficiency variance for the month?
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