__________, which are products or services that have been standardized for all markets, are becoming increasingly important in international marketing efforts

A) Global products
B) Domestic products
C) Local products
D) Regional products


A

Business

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Texas Inc sold merchandise to Fagin Corp on December 28, 2014, with shipping terms of FOB destination. Fagin Corp received the merchandise on January 3, 2015 . Which one of the following statements is true?

a. Texas should record sales revenue on December 28, 2014. b. Fagin Corp. should pay the transportation costs. c. Fagin Corp. should include the merchandise in its inventory at December 31, 2014. d. Fagin Corp. should record a liability for the purchase on January 3, 2015.

Business

State securities laws apply mainly to intrastate transactions.

Answer the following statement true (T) or false (F)

Business

Long executed the following legal document and gave it to George Northman: "In consideration for the $300 I owe to George Northman, I hereby transfer to George Northman a claim I have against Hall in the amount of $300 . Thomas Long, March 21, 1990." Hall was properly notified of the assignment by Northman. If Hall does not pay the $300 when it is due, the debt would then be

a. discharged. b. collectible from Northman. c. collectible from Long. d. excused after two years had elapsed.

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 79 hr for the first widget. Acme estimates it has an 81% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 135th widget.

A. 17.78 hr B. 19.58 hr C. 16.52 hr D. 21.94 hr

Business