Which of the following factors is the most important determinant of economic distance?
A. the presence of legal institutions in a country
B. the topography of a country
C. the ethnicity and religion of consumers
D. the wealth and per capita income of consumers
Answer: D
Business
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Transaction processing systems (TPSs) are the most widely used information systems.
Answer the following statement true (T) or false (F)
Business
Describe how a flexible budget is useful in planning for an organization.
What will be an ideal response?
Business
Reliability, in the context of a service industry, refers to ______.
a. promptness b. price c. packaging d. compliance
Business
The first section of the income statement reports cash flows from operating activities.
Answer the following statement true (T) or false (F)
Business