Dennis wants to open up a bowling alley in his community. What types of questions would be used in the research of the industry?
What will be an ideal response?
How many bowling alleys are there in the specified radius? How many lanes are used in a typical weekday or weekend? How far does an average bowler drive to bowl? How much does a typical bowler spend in an outing? Are there capacity problems in the defined radius?
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Ethnocentrism among international managers has been linked to
A. higher performance by foreign subsidiaries. B. lower turnover among employees in foreign subsidiaries. C. fewer lawsuits over personnel policies within foreign subsidiaries. D. recruitment difficulties for foreign subsidiaries. E. poor-quality products from foreign subsidiaries.
Conformance quality and performance quality are identical in the marketing sense
Indicate whether the statement is true or false
Which of the following refers to discharge of a contract due to a situation that makes performance of that contract unreasonably expensive, injurious, or costly to a party?
A) rescission B) commercial impracticability C) condition precedent D) condition subsequent
What is arbitrage? Assume that the dollar is quoted $1 = £0.625 in New York and the pound sterling is quoted as
£1 = $1.63 in London. Is there an arbitrage opportunity? If so, what would an astute trader do? What will happen to the quotes as trades are made at current prices?