Define psychic proximity and explain why it is important for companies engaged in exporting products
What will be an ideal response?
It is sometimes seen that companies determine which markets to enter on the basis of psychic proximity. Many U.S. firms prefer to sell in Canada, England, and Australia because they feel more comfortable with the language, laws, and culture. Companies should be careful in choosing markets according to cultural distance. Besides overlooking potentially better markets, they may only superficially analyze real differences that put them at a disadvantage.
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A. give full details about the securities to be offered. B. tout securities and make unreasonable forecasts. C. specify the use of the proceeds of the issuance. D. outline the annual return on an investment.
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Indicate whether the statement is true or false
One requirement of a valid gift is acceptance by the donee.
Answer the following statement true (T) or false (F)
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