The Internet and catalog retailing industry includes 20,000 companies with combined annual revenue of $350 billion

Indicate whether the statement is true or false


TRUE

Business

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Which of the following trade theories asserts that within the outer limits of the terms of trade, the actual terms of trade is determined by the relative strength of each country's demand for the other country's product?

a. theory of reciprocal demand b. overlapping demand theory c. theory of income determination d. theory of negative externalities

Business

Day-to-day transactions are stored in the operational database

Indicate whether the statement is true or false

Business

The ________ environment consists of factors that affect consumer purchase ability and buying behavior

A) cultural B) political C) technological D) economic E) legal

Business

Which process type is best suited for a company offering customized products and/or services?

a. Batch b. Job Shop c. Assembly Line d. Continuous

Business