Which of the following enables organizations to conduct international trade without having to resort to barter?
A. Foreign exchange market
B. Caribbean Single Market and Economy
C. Auction market
D. Countertrade
E. Balance-of-trade equilibrium
Answer: A. Foreign exchange market
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___________________ are crucial steps in brainstorming
a. Free-form thinking and collaboration b. Recording and retrieval c. Management and distribution d. Repetition and emphasis
Which of the following is an example of argot?
a. bloke (meaning man) b. smoky (meaning highway patrol) c. bad (meaning the best) d. lifeboat (meaning a pardon)
Jesse purchases Erica's house and in so doing assumes the mortgage. Which of the following is true?
a. Only Jesse is personally liable to pay the mortgage. b. Only Erica is personally liable to pay the mortgage. c. Erica and Jesse are both personally liable to pay the mortgage. d. Erica is liable only if Jesse defaults on paying the mortgage.
Why is it important for firms in the same industry to choose distinct but different strategic positions?
What will be an ideal response?