You may use long words in your business writing if the language is familiar to you and to your reader
Indicate whether the statement is true or false
True
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The trend of the world economy toward becoming a more interdependent system is called
A. international cooperation. B. globalization. C. world partnership. D. economic defragmentation. E. international unification.
All of the following are characteristics of batch processing except
a. each item in the batch is similar b. batches are produced in accordance with detailed customer specifications c. batches are produced to replenish depleted inventory levels d. setting up and retooling is required for different batches
Monchen Labs is an company that prides itself for innovating cutting-edge technologies in the
radio-diagnostics equipment industry. The firm, as a policy, prices its newly-launched products nearly 50 -60% higher than what it would sell the same products for nearly a year after their launch. The firm justifies the high pricing as a means to recoup the rather prohibitive R&D costs involved in the development process. Which of the following pricing objectives does Monchen Labs follow in this case? A) survival pricing objective B) market skimming pricing objective C) market share maximization pricing objective D) product-quality leadership pricing objective
In response to an allowable claim made by a customer to a firm, a(n) _____ letter is usually sent by the firm to the customer
Fill in the blank(s) with correct word