Lower costs in the form of cheaper labor or raw materials, foreign government investment incentives, freight savings, and the opportunity to improve the company image are the factors that would most likely lead a company to enter a foreign market
using the market entry strategy of ________.
A) direct exporting
B) licensing
C) management contracting
D) indirect exporting
E) direct investment
E
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Net purchases equal purchases less purchase return, allowances, and discounts plus transportation-in
a. True b. False Indicate whether the statement is true or false
Which of the following concepts holds that anyone who genuinely desires information about a firm is able to obtain it?
a. Signalling theory b. Agency theory c. Information symmetry d. Private contracting
When a corporation issues bonds, the price that buyers are willing to pay for the bonds does not depend on which of the following below
A) face value of the bonds B) market rate of interest C) periodic interest to be paid on the bonds D) denominations the bonds are sold
Which statement most accurately describes third party beneficiary rights?
a. A beneficiary may enforce a contract if the parties intended to benefit him and if enforcing the promise will satisfy a duty of the promisee to the beneficiary. b. If a promisee intended to make a gift to the beneficiary, the beneficiary may not enforce the contract. c. An intended third party beneficiary has no enforceable rights in a contract. d. Incidental beneficiaries have enforceable rights against both contracting parties.