Benefits of using third-party quality assurance services in international trade include ______.

a. maximizing language differences between a company and its suppliers
b. eliminating or reducing the substantial travel expenses associated with sending a company representative abroad
c. maximizing cultural differences between a company and its suppliers
d. eliminating the need for offshoring


b. eliminating or reducing the substantial travel expenses associated with sending a company representative abroad

Business

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In ________, the basic home-market communications strategy is retained while the product is changed to local use or preference conditions

A) dual extension B) mono adaption C) product extension/communication adaptation D) product adaptation/communication extension

Business

Which of the following sentences contains a hidden verb that weakens the action?

A) He paid the vendor in full. B) When faced with declining sales, she quickly changed the product mix. C) The two sides came to an agreement. D) The company pushed into new markets, without fully understanding the cultural variables. E) Strangely, whenever sales rose, profits declined.

Business

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

1. Entering employee payroll information is an example of an HR transactional activity. 2. Recruiting new employees from the external labor market is an example of an HR transactional activity. 3. The recruitment and training functions of an HR department are traditional activities. 4. The continual interaction between HRIS and the HR program evaluation results is the main factor in the use of the HR workforce scorecard. 5. Management information systems (MIS) refer to structured information flows of business functions to aid managers in performing traditional activities.

Business

Cash discount terms of 2/10, net 60 on an invoice would-in effect-amount to borrowing at an annual interest rate of about ________ percent if the buyer did not pay the invoice for 60 days.

A. 36 B. 22 C. 18 D. 72 E. 14

Business