Canada simultaneously exports and imports automobiles. This is an example of
a. intra-industry specialization.
b. inter-industry specialization.
c. intra-industry trade.
d. inter-industry trade.
c. intra-industry trade.
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An advantage of real-time processing of sales is
a. the cash cycle is lengthened b. current inventory information is available c. hard copy documents provide a permanent record of the transaction d. data entry errors are corrected at the end of each batch
Why is defining the problem considered the most difficult step of the marketing research process?
A. It avoids situation analysis study in most cases. B. Failure to correctly define the problem will make all subsequent steps wasted effort. C. It is the first step of the process. D. It is easy to confuse problems with symptoms at this stage. E. It involves qualitative research.
For purchases of capital goods such as manufacturing equipment, many U.S. buying organizations now use _____ to analyze purchasing decisions, including trade-in or future estimated salvage value.
A. total costing B. activity-based costing C. life-cycle costing D. e-procurement
In the context of patents, which of the following is a key function of the U.S. Court of Appeals for the Federal Circuit?
A) It hears appeals rejected from state courts regarding patent issues. B) It accepts applications for new patents. C) It helps to enact new patent laws. D) It helps to promote uniformity in patent laws.