With reference to global marketing, identify the example that best explains the term "consumer convergence."
A) Population growth rates have stabilized and the population over age 65 is increasing.
B) The increasing numbers of women working outside the home has led to more nontraditional meals and increased need for convenience.
C) Aging populations, falling birth rates, and increased female employment are common in industrialized countries.
D) Upscale consumers in Paris have more in common with their counterparts in New York than with many other French people.
D
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What type of international disputes would be taken before the International Court of Justice?
A) disputes between two nations B) disputes between two companies C) disputes between a company and a nation D) disputes between a citizen of one country and a company from a different country E) disputes between profit and non-profit organizations
Which of the following concepts is important to accrual accounting?
a. Time period, because accrual accounting divides earnings into time periods b. Monetary unit, because inflation is a big factor in the environment c. Cash basis, because if cash is not received, revenue is not accrued d. Entity concept, because personal transactions must be separated from business transactions
Categories are collectively exhaustive if each response fits into one and only one category code
Indicate whether the statement is true or false
Dividends are an example of an expense
Indicate whether the statement is true or false