Which of the following scenarios would not be considered international business?
A. A Chinese manufacturer sells toys to a large toy retailer in the United States.
B. Intel sells its processors to a computer manufacturer in Korea.
C. A large jewelry store in England purchases its diamonds from DeBeers in South Africa.
D. A bearing manufacturer in South Carolina sells its parts to a Toyota plant in Kentucky.
E. French companies purchase crude oil from Saudi Arabia.
Answer: D
You might also like to view...
Identifying which potential customers within the firm's target market have not only a desire for the product, but also the authority to purchase it and the resources to pay for it is called prospecting.
Answer the following statement true (T) or false (F)
Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $1050. Fragmental collected the entire $8400 cash on October 1 and recorded it as unearned revenue. Assuming adjusting entries are only made at year-end, the adjusting entry made by Fragmental Co. on December 31 would be:
A. A debit to Cash and a credit to Rent Revenue for $8400. B. A debit to Unearned Rent and a credit to Rent Revenue for $5250. C. A debit to Rent Revenue and a credit to Cash for $3150. D. A debit to Unearned Rent and a credit to Rent Revenue for $3150. E. A debit to Rent Revenue and a credit to Unearned Rent for $3150.
Which of the following is usually the most expensive way to collect data from consumers?
A. online surveys B. personal interviews C. e-mail surveys D. telephone surveys E. mail surveys
Preferred stock constitutes what percentage of the average firm's capital structure?
A) 50% B) 25% C) 5% D) 10% E) 75%