In ________, products are sold to foreign buyers or distributors without any intermediaries.
A. freight forwarding
B. direct exporting
C. contract manufacturing
D. indirect exporting
Answer: B
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The brand promise for ________ is "the product you buy is of highest esteem, based on its timeliness, elegant design and the high quality, which is derived from the excellence of our craftsmen."
A) Hermés B) Montblanc C) Patrón D) Sub-zero Refrigerators E) Armani
Which of the following statements best describes the modern view of marketing?
A. Marketing should take over production, accounting, and financial services within a firm. B. The job of marketing is to get rid of whatever the company is producing. C. Production, not marketing, should determine what goods and services are to be developed. D. Marketing is concerned with generating a single exchange between a firm and a customer. E. Marketing begins with anticipating potential customer needs.
Carla and Eliza share income equally. During the current year the partnership net income was $40,000. Carla made withdrawals of $12,000 and Eliza made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Carla capital, $42,000; Eliza capital, $55,000. Eliza's capital account balance at the end of the year is
A) $52,000 B) $58,000 C) $82,000 D) $75,000
Internal control over a company’s assets should include the following policy
A. Responsibilities and duties of employees will be divided. B. All cash receipts will be deposited into the bank the same day they arrive. C. All cash payments will be made by check (except petty cash). D. All of the above answers are correct.