A firm wants to build a subsidiary in the Middle East. However, it is apprehensive because of protests in some Middle Eastern countries and the violence in Syria. It does not know if it should take the risk of expanding. Which type of barrier does this situation represent?
A. Economic
B. Competitive
C. Legal and regulatory
D. Political
E. Sociocultural
Answer: D
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Which of the following is an example of a confirmation?
A) A note thanking a coworker for her assistance on a project B) An email telling a colleague about a book you think he'd find interesting C) A card expressing your condolences for an employee whose family member died D) A phone call congratulating a coworker on her promotion E) A letter telling a customer that her claim has been registered by the company
The University of Iowa runs a series of ads throughout the Midwest on how friendly and helpful its faculty, staff, and students are as well as how outstanding its academic programs are. This type of promotion would best be characterized as
A. public relations. B. product advertising. C. advocacy advertising. D. institutional advertising. E. comparative advertising.
Which of the following funds report fixed assets on their balance sheets?I. Capital Projects fund II. Internal Service fund III. Enterprise fund IV. Agency funds
A. II, III B. I, IV C. III, IV D. I, II
Which of the following observations is true of forward contracts?
A. A substantial margin is required to initiate a contract. B. They must be completed either with the underlying's future delivery or net cash settlement. C. They are usually settled with a net cash amount prior to maturity date. D. They cannot be customized for a specific amount at a specific date.