In the last few decades, ________ has been a preferred way for many organizations to deal with a lack of knowledge about foreign local environments and entry into such markets.

a. Collaboration
b. Takeover
c. Acquisition
d. Merger


a. Collaboration

Business

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Masterpiece Sales Company offers warranties on all their electronic goods. Warranty expense is estimated at 3% of sales revenue. In 2019, the company had $603,000 in sales. In the same year, Masterpiece Sales replaced defective goods with goods that had a cost of $16,500. Which of the following is the entry needed to record the replacement of the defective goods?

Business

When an individual uses a debit card to make a purchase, the amount of the purchase is deducted directly from that individual's bank account

Indicate whether the statement is true or false

Business

Sales promotion involves building up a good corporate image, and handling or heading off unfavorable rumors, stories, and events

Indicate whether the statement is true or false

Business

An integrated contract is the complete and final statement of the terms of the agreement.

Answer the following statement true (T) or false (F)

Business