Allison, a dress designer, believes that she has a great deal with a company in Ireland, called Fashion, which has agreed to purchase a number of her dresses. The manager of Fashion, however, insists on delivery of the dresses before payment will be provided. Which of the following would be a good idea for Allison?
a. Allison should insist on a documentary letter of credit provided by an issuing bank promising payment upon proof of delivery of the dresses.
b. Allison should insist on a letter of credit issued by the buyer promising payment upon delivery of the dresses.
c. Allison should personally deliver the dresses so that she can demand payment while there.
d. Allison should turn down the deal because it is too risky.
a
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Answer the following statements true (T) or false (F)
1. The second step in the KEYS process is to educate yourself on the communication interaction. 2. Those who possess effective communication skills have a trait known as communication bravado. 3. Professional excellence means being recognized for your skills as a communicator and serving as a role model to others. 4. Decoding messages involves the receiver of a message responding to the sender. 5. The fear of public speaking is known as trait communication apprehension.
Systematic use of the best available facts to improve management practice is ______ management.
a. knowledge-based b. science-based c. evidence-based d. technology-based
Companies controlled by other companies through ownership of enough voting stock to elect majorities on the board of directors are ___________.
Fill in the blank(s) with the appropriate word(s).
APRs must be converted to the appropriate periodic rates when compounding is ________
A) more frequent than once a year B) less frequent than once a year C) more frequent than once a month D) less frequent than once every six months