______ involves the representation of the world as a single place, the intersecting of the interests of business, and society or an increase in the impact of forces that span national boundaries.
A. Culture
B. Environment
C. Globalization
D. Interconnections
C. Globalization
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Exploratory research is concerned with identifying the characteristics of markets or categorizing market activities.
Answer the following statement true (T) or false (F)
All of the following have normal balances on the debit side except:
a. expenses. b. sales. c. sales returns and allowances. d. sales discounts.
One of the most important order-winning criteria for service firms is ______.
a. to operate at economies of scale b. to have customer convenience c. to have excess capacity available d. to have idle capacity
An Econodeath Insurance Company actuary calculated the present value of the expected death claim the company will pay if it sells whole life insurance to a 30-year-old woman. This value is called the
A) net level premium. B) gross premium. C) net single premium. D) life insurance policy reserve.