The choice of inventory cost flow assumptions affects which of the following amounts?
A. Cost of goods sold.
B. Gross profit.
C. Inventory.
D. All of the other answers are affected by the inventory cost flow assumption.
Answer: D
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Collectivist cultures are more likely to trust e-commerce because of safety measures such as guarantees, laws, and policies
Indicate whether the statement is true or false.
Explain the concept of joint venture as a business arrangement in brief
What will be an ideal response?
Macro-marketing
A. is concerned with the activities performed by individual business organizations. B. tries to match heterogeneous supply capabilities with heterogeneous demands for goods and services. C. assumes that the effectiveness and fairness of all macro-marketing systems must be evaluated in terms of the same social objectives. D. is concerned with how effectively and fairly an individual business organization performs.
The requirement that each party to a contract must intentionally exchange something of value as an inducement to the other party to make a return exchange is known as:
a. mutual assent. b. consideration. c. legality of object. d. contractual capacity.