What are the pros and cons of trade journals?
What will be an ideal response?
Pros: broader audience in terms of national scope. Mainly used for professional and senior management
Cons: Narrower overall audience.
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When buying from a supplier in France, LTD, based in Cleveland, Ohio, has arranged for its bank to pay the supplier the cost of the desired material when it has passed customs in the United States. Which of the following terms is this type of bank promise called?
a. banker's acceptance b. bank trust service c. certified check d. letter of credit e. currency exchange agreement
Profit opportunities are greatest for marketers that use a(n) ________ strategy
A) indirect exporting B) contract manufacturing C) joint ownership D) franchising E) direct investment
Which of the following is/are true?
a. Firms report accounts receivable they expect to collect within one year at the amount of cash the firms expect to receive. b. Both U.S. GAAP and IFRS require firms with significant uncollectible accounts receivable to estimate the amount of uncollectible accounts related to a particular period's sales and recognize that amount as bad debt expense in the same period as the related revenues. c. Firms typically use a contra account to accounts receivable, such as Allowance for Uncollectibles, to reflect the amount of accounts receivable they do not expect to collect. d. The entry to recognize estimated uncollectible amounts involves a debit to Bad Debt Expense and a credit to Allowance for Uncollectibles. e. all of the above
How does culture influence the leadership process?
What will be an ideal response?