A German steel maker has sold steel to American firms that it cannot sell in Germany, due to low demand, at a vastly reduced price. This practice is known as:
a. dumping
b. counter bargaining
c. countertrade
d. a strategic alliance
e. importing
a. dumping
You might also like to view...
A company has 30,000 shares of common stock outstanding. The stockholders' equity applicable to common shares is $382,500, and the par value per common share is $10. The book value per share is:
A. $0.08. B. $12.75. C. $2.75. D. $38.25. E. $10.00.
Days' sales in inventory is calculated as:
A. Ending inventory divided by cost of goods sold times 365. B. Ending inventory times cost of goods sold. C. Cost of goods sold divided by ending inventory times 365. D. Ending inventory divided by cost of goods sold. E. Cost of goods sold divided by ending inventory.
Managing logistics in the service sector ______.
a. is relatively new b. offers little scope for further improvement c. is not regulated by the government d. is not relevant to international trade
Physicians Clinic orders by phone seven boxes of single-use latex gloves from Quality Medical Supplies, Inc After three boxes are delivered and accepted, Physicians Clinic repudiates the contract. Quality Medical can enforce the contract to
a. any extent because the order was placed orally. b. no extent because the order was placed orally. c. the extent of the three accepted boxes. d. the extent of the four undelivered boxes.