During the development of commercial law centuries ago, businessmen throughout England and Europe:
a. settled disputes in trade organizations rather than in civil courts.
b. relied on a body of rules which became known as the lex mercatoria.
c. began to treat their own customs as law.
d. All of the above.
d
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A company is most likely doomed to failure in a foreign country if it__________
Fill in the blanks with correct word.
Scenario D. Mustafa has begun the planning process for his entrepreneurial venture. He has completed an assessment of his vision to operate a home-care service for the elderly, for which he feels there is a strong market. He has a good understanding of the availability of his own resources and his personal ability to manage the business. Now he is prepared to start compiling functional plans for marketing, finance, and human resources so that he can obtain the financing he will need to start. He is also contemplating how to develop the right reputation and create the proper networks to find employees and customers as well as get advice from fellow businesspeople.When Mustafa worries about his network and his business's reputation, he is concerned with
A. bootlegging. B. corporate standing. C. horse trading. D. social capital. E. venture capital.
The "triple bottom line" suggests that efforts should be devoted to assessing the impact of activities on:
A. People, profit, processes. B. Profit, profit, profit. C. People, planet, profit. D. Profit, planet, processes.
Qvoware Inc. sells cosmetic products in the United States. Which one of the following is most likely to be a revenue center for? Qvoware?
A) a Qvoware retail store in Dallas B) the Qvoware HR department C) a Qvoware kiosk at a mall for selling its products D) the Qvoware product lines