In China, foreign firms are often ________ to set up their own distribution networks
A) encouraged
B) required
C) forbidden
D) licensed
C
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The new product development process usually starts with ________
A) idea screening B) idea generation C) concept development D) concept testing E) market strategy development
Separation of businesses into more manageable operating units is termed decentralization
Indicate whether the statement is true or false
A bond sells at a discount when the:
A. Bond has a short-term life. B. Contract rate is below the market rate. C. Contract rate is above the market rate. D. Bond pays interest only once a year. E. Contract rate is equal to the market rate.
Tyler, a citizen of Utah, files a suit in a Utah state court against Veritas Sales Corporation, a Washington state company that does business in Utah. The court has original jurisdiction, which means that
A. the case is being heard for the first time. B. the court has a unique method of deciding whether to hear a case. C. the court has unusual procedural rules. D. the subject matter of the suit is interesting and new.