The MEA can act as an export distributor or as an export commission representative. However, the MEA does not perform the functions of an export department, and the scope of market activities is usually limited to a few countries
Indicate whether the statement is true or false
TRUE
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Customers almost never buy products from someone they dislike
Indicate whether the statement is true or false
Which of the following statements is correct concerning the writing of proposals?
a. Proposals are always directed to an external audience. b. Proposals are only written in response to solicitations or request for proposals. c. A simple price quotation may constitute a proposal. d. All of the above are incorrect.
Which of the following is NOT associated with workers in low-cost manufacturing countries?
a. Workers lack adequate supervision needed to produce safe, high-quality products. b. Workers lack the training needed to produce safe, high-quality products. c. Workers are often under pressure to meet stringent output and time deadlines. d. Workers are not affected by differences in cultural attitudes.
An investment will pay $500 in three years, $700 in five years and $1000 in nine years. If your opportunity rate
is 6%, what is the present value of this investment? What will be an ideal response?