What types of information should entrepreneurs seek out before deciding on which foreign market to enter?
What will be an ideal response?
Just as with entering a domestic market, they need to research the demographics of the market they are trying to enter. How many potential customers are there? What are their income levels? Is the infrastructure available to support their business? Are there existing competitors?
They also need to look at the political stability of the region, the financial strength, and the legal structure of the nation. Will they be able to take their profits out of the country?
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Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Quote class and the Order class?
A. The same Sunset Partner both prepares quotes and records orders. B. Each quote may result in many future Orders. C. Each order must result from a prior quote. D. Quotes and orders are entered into the system at the same time.
The growth phase portrays cash flow characteristics similar to the introduction phase
Indicate whether the statement is true or false
Which of the following is/are true?
a. Comprehensive income equals the net amount of revenues, expenses, gains, and losses during an accounting period. b. Authoritative guidance classifies revenues and expenses arising from a firm's core business as components of net income. c. Net income includes gains and losses from sales or exchanges of assets or settlements of liabilities related incidentally or peripherally to the firm's core business. d. Authoritative guidance classifies gains and losses from the remeasurement of certain assets and liabilities as either net income or other comprehensive income. e. all of the above
If a sale is made with a bank credit card, the seller debits Cash and credits Sales for the same amount.
Answer the following statement true (T) or false (F)