Critics of the Foreign Corrupt Practices Act feared the loss of sales to foreign competitors, especially in those countries where:
A. bribery is an accepted way of doing business.
B. common law is applicable.
C. customs are rigidly followed.
D. political stability exists.
Answer: A
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Evaluative criteria refer to
A. the objective and subjective attributes of a brand consumers use to compare different products and brands. B. the attributes of a product that a manufacturer wishes to promote to a specific target market. C. those attributes of a brand that are based exclusively on objective criteria in order to make an unbiased purchase decision. D. a list of required product attributes from which a customer will not waver regardless of additional incentives. E. those attributes of a brand that are based exclusively on subjective criteria in order to avoid postpurchase anxiety.
Manufacturers may prefer to sell their closeouts, canceled orders, and out-of-season merchandise to factory outlets rather than off-price chains because _____
a. off-price chains can generate high profit margins b. off-price chains have too much power c. factory outlets generate low short-term cash flow d. greater control results in less disturbance to traditional channels
Which of the following is true of an express warranty?
a. It gives the impression of environmental friendliness to a product. b. It contains an unwritten guarantee about the performance of a product. c. It prohibits other firms from using a brand or part of a brand without permission. d. It ranges from simple statements to extensive documents written in technical language.
Strict liability theory has been frequently applied to the provision of services
Indicate whether the statement is true or false