The fundamental principle of international law is the notion that each government has the absolute authority to rule its people and its territory
a. True
b. False
Indicate whether the statement is true or false
True
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________ are variously referred to as buyer for export, export commission house, or export confirming house
A) Export brokers B) Export merchants C) Foreign purchasing agents D) Export managers E) Manufacturer's agents
Marque, a high-end maker of designer watches, has started making inexpensive watches to take advantage of enormous growth rates in low-end market segments. Marque is most likely engaging in ________
A) franchising B) line filling C) two-way stretching D) upward stretching E) downward stretching
If net cash flows from operating activities were $388,000, net income were $100,000, and net sales were $1,200,000, the cash flow yield would equal (Round amounts to two decimal places)
A) $288,000. B) $812,000. C) 3.88 times. D) 3.09 times.
Price must be greater than cost in order for the firm to generate revenue
Indicate whether the statement is true or false