How can political turmoil and other adverse environmental conditions affect global marketing?
What will be an ideal response?
The ongoing political upheaval in the Middle East has highlighted the importance of flexibility in global supply-chain design. For example, in spring 2011, P&G was forced to briefly close plants in Egypt that supply products for South Africa. During the closure, production from plants in Hungary and Turkey was redirected to supply the South African market. Such incidents explain why supply-chain managers use a term borrowed from the military, VUCA, to describe places that are "volatile, uncertain, complex, and ambiguous." Walmart's mastery of logistics and supply-chain management is an important source of competitive advantage. The retailing giant's basic value proposition is simple: getting goods to people as efficiently as possible. To do this, Walmart exploits a core competency: leveraging its vast customer database to know and anticipate what customers want and getting it to them quickly and efficiently. In short, alternatives and alternative routes should always be taken into consideration when undertaking marketing globally.
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A purchase-money security interest in consumer goods is automatically perfected
a. True b. False Indicate whether the statement is true or false
Hadley Homes, a building contractor and Wesley have a contract, which calls for Hadley to build a 4-bedroom house with the completion of it by June 15. If the house is not completed by that date, the contract calls for Hadley to pay $100 per day in damages. The $100 per day is:
A) punitive damages. B) nominal damages. C) liquidated damages. D) an illegal penalty.
Why is a currency put or call not profitable to exercise when it is "at the money"?
A) because the spot equals the price but the premium is not recovered if it is exercised resulting in a loss B) When an option is "at the money," the Exchange will charge a higher fee. C) When it is "at the money," the Exchange shuts down trading of the option contract. D) The Exchange will use mark to market accounting to record a loss.
Which of the following practices is NOT recommended for on-line traders?
A) Double check stock symbols to be sure you are ordering the right stock. B) Use limit orders rather than market orders, especially when trading after hours. C) Trade as often as possible to maintain a strong relationship with the brokerage. D) Double check your order to be sure the quantity of shares and the price is what you intended.