Distinctive features of a geographical area influence the types of services or products to market
there.
Indicate whether the statement is true or false
TRUE
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Gross sales less sales returns and allowances is called net sales
a. True b. False Indicate whether the statement is true or false
A company with a polycentric orientation is likely to employ host-country nationals in all but which of the following selling situations?
A) selling high-tech products in developed countries B) selling high-tech products in less-developed countries C) selling low-tech products in developed countries D) selling low-tech products in less-developed countries E) none of the above
Use this information to answer the following question. Panadora Company has the following information for the pay period of January 1-15, 2014. Payment occurs on January 20. Gross payroll $32,000 Federal income taxes withheld $3,600 Social security and Medicare rate 7.65% Federal unemployment tax rate 0.8% State unemployment tax rate 5.4% The entry on January 20 would be a debit to
A) Salaries Payable and a credit to Cash. B) Salaries Payable and a credit to Salaries Expense. C) Salaries Expense and a credit to Cash. D) Salaries Expense and a credit to Salaries Payable.
Gerson has all the skills to be a great manager but he lacks the desire to be anything more than a regular employee. Which factor contributes the most to Gerson’s low performance?
a. motivation b. ability c. resources d. skills