The term demand conditions refers to how high the volume of demand is for a particular product in a particular country.

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


False

Demand conditions are the specific characteristics of demand in a firm's domestic market. A home market made up of sophisticated customers who hold companies to a high standard of value creation, and cost containment contributes to national competitive advantage. Moreover, demanding customers may also clue firms into the latest developments in specific fields and may push firms to move research from basic findings to commercial applications for the marketplace. For example, due to dense urban living conditions, hot and humid summers, and high energy costs, it is not surprising that Japanese customers demand small, quiet, and energy-efficient air conditioners.

Business

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Describe the main sections or elements that are included on most résumés

What will be an ideal response?

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Why is the Dividends account increased by a debit? Explain in terms of its relationship to stockholders' equity

Business

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

1. With enough online resources to access most corners of the world, almost anybody can be a leader, with or without formal authority, given the right skills and a strong initiative. 2. Informal leaders must act in the best interests of the organization and have certain rights and privileges that allow them to reward or discipline employees. 3. Management and leadership mean the same thing. 4. A visionary leader sets performance standards and ensures rules are followed. 5. Trait leadership perspective theory assumes effective leaders are born, not made.

Business

The currency exchange system established by the IMF at its inception was known as the gold bullion standard

Indicate whether the statement is true or false

Business