When the U.S. government announced that no Americans could do business with Iraq, all existing contracts became unenforceable

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Escobar, a global enterprise selling athletic shoes, procures its shoes through contract manufacturing agreements with producers in developing nations. It uses its expertise in distribution and sales to promote these products

In this case, the marketing strategy used by the company is referred to as ________. A) franchising B) direct investment C) product sourcing D) joint venture

Business

Waiting until one has all the information before making any assumptions is a potential solution to ______.

a. failure to focus on the message b. judging too soon c. listening anxiety d. situational distraction

Business

A bond has a $1,000 par value, makes annual interest payments of $100, has 5 years to maturity, cannot be called, and is not expected to default. The bond should sell at a premium if market interest rates are below 10% and at a discount if interest rates are greater than 10%.

Answer the following statement true (T) or false (F)

Business

________ is the process by which two parties resolve conflict through use of a specially trained third-party.

A. Substitutability B. Alternative dispute resolution C. Distributive bargaining D. Integrative bargaining E. Closing and commitment

Business