Some governments, particularly in advanced countries, do not encourage foreign competition

Indicate whether the statement is true or false


FALSE

Business

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A family-owned company sells collectible items through the mail. The company is preparing to outsource its distribution department within the next 4 weeks. This will mean letting go of or reassigning about one-third of its work force. Also, the employees must learn how to use a new computerized system even though many of them have resisted other forms of computerization earlier. Evaluate the resistance to change that exists in this company in terms of the two critical elements to consider when making such a change.

What will be an ideal response?

Business

One of the advantages of test marketing is the ________

A) low cost B) ability to keep information from falling into competitors' hands C) opportunity to survey prospective customers D) ability to evaluate a product and its marketing program before commercialization E) opportunity to sell existing products to a core customer base

Business

An agreement required to be written under the statute of frauds must be signed at the bottom and notarized

Indicate whether the statement is true or false

Business

Resorto, a European country, exported sugar worth $600 million between 2015 and 2016 and imported tea worth $750 million during the same period. In this scenario, Resorto most likely had a _____ between 2015 and 2016.

A. trade deficit B. balance of payments surplus C. trade surplus D. balance of payments deficit

Business