The advantages of manufacturing goods in a particular country and exporting them to foreign markets
A. are greatest when local consumers prefer products manufactured inside the country's borders.
B. can be wiped out when that country's currency grows weaker relative to the currencies of the countries where the output is being sold.
C. are weakened when that country's currency grows stronger relative to the currencies of the countries where the output is being sold.
D. are largely unaffected by tariffs or quotas.
E. are largely unaffected by fluctuating exchange rates.
Answer: C
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Which statement is correct about defining the target population?
A) Imprecise definition of the target population will result in research that is ineffective at best and misleading at worst. B) Defining the target population involves translating the problem definition into a precise statement of who should and should not be included in the sample. C) The target population should be defined in terms of elements, sampling units, extent, and time. D) All of the above statements are true.
When units produced exceed units sold, how does operating income differ between variable costing and absorption costing? Assume no beginning Finished Goods Inventory. Explain your answer.
What will be an ideal response?
Even when competing offers look the same, buyers may perceive a difference based on ________ differentiation
A) image B) people C) price D) channel E) services
In assessing possible new customers, a distributor desires that a new customer have a customer lifetime value of at least $2,000. Assuming a 7% discount rate, average annual sales of $8,000, and a customer expected lifetime of 5 years, what is the minimum profit margin needed to assure a lifetime value of at least $2,000?
a. 7% b. 6% c. 5% d. More than 7%