What are the various risks that a company must consider before making a decision to enter foreign markets?
What will be an ideal response?
Answer:
These risks are: (1) The company might not understand foreign customers' preferences and could fail to offer a competitively attractive product; (2) the company might not understand the foreign country's business culture; (3) the company might underestimate foreign regulations and incur unexpected costs; (4) the company might lack managers with international experience; and (5) the foreign country might change its commercial laws, devalue its currency, or undergo a political revolution and expropriate foreign property.
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Tangible assets that are attached to natural resources are depreciated over
A) the life of the natural resource B) the shorter of the tangible asset's life or the natural resource's life C) the life of the tangible asset D) the longer of the tangible asset's life or the natural resource's life
If a buyer rightfully rejects nonconforming goods, he or she can resell them and retain the proceeds, without crediting the amount to the seller.
Answer the following statement true (T) or false (F)
In interstate transactions, transfers can reduce an organization's tax liability when the selling division is in a lower tax jurisdiction than the buying division.
Answer the following statement true (T) or false (F)
Which of the following reimburses its insureds for covered medical expenses?
What will be an ideal response?