Select the true statement.
A. Legislation regulating marketing in many foreign countries is being eased.
B. A government's attitude toward cooperation with importers has little impact on marketing to that country.
C. Refusing to give payoffs and bribes in some foreign countries may put a marketer at a competitive disadvantage.
D. Bribes and payoffs are considered unethical in all countries and cultures.
E. Bribes and payoffs are supported by U.S. trade policies under certain conditions.
Answer: C
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Which of the following defensive strategies allows a business to exit the market rapidly?
A) a monetize market strategy B) a disintermediation market strategy C) a divest market strategy D) a harvest market strategy E) an optimize market strategy
The all-inclusive income approach requires that all events and transactions that affect income should be reported on the income statement to help prevent the manipulation of income
a. True b. False Indicate whether the statement is true or false
Net revenue – cost of sales =
a. net profit b. gross profit c. the bottom line d. the current ratio e. cost of goods sold
A random sample of 53 observations was taken. The average in the sample was 90 with a variance of 400. a.Construct a 98% confidence interval for ?.b.Construct a 99% confidence interval for ?.c.Discuss why the 98% and 99% confidence intervals are different.d.What would you expect to happen to the confidence interval in Part a if the sample size was increased? Be sure to explain your answer.
What will be an ideal response?