Identify the typical cost components that constitute ordering costs in inventory systems
What will be an ideal response?
Typical components of ordering costs include cost of supplies, forms, order processing, clerical support, and so forth.
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In a short essay, discuss sampling issues facing researchers involved in international marketing research
What will be an ideal response?
With the survey method of obtaining information respondents are asked a variety of questions regarding their behavior, intentions, attitudes, awareness, motivations, and demographic and lifestyle characteristics
Indicate whether the statement is true or false
In international business transactions, a documentary letter of credit:
a. is a method of payment for goods that reduces the seller's risk from the possibility that the goods will be shipped, but not paid for. b. is a type of bill of lading. c. is a guarantee by the seller's bank that it will pay the price of the exported goods if the seller breaches the contract. d. All of these.
The original cost of a Jeep was $35,000 with an estimated life of 5 years. What is the end-of-year book value?