In considering the decision to customize or standardize its products the global marketing firm must consider the nature of the product. Some products such as steel, fertilizer and agricultural equipment tend to be less _________________ than products such as food.
(a) Globalized
(b) Culturally grounded
(c) Price sensitive
(d) Fully adapted
(b) Culturally grounded
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On December 1, 2015, Sons, Inc borrowed money at the bank by signing a 90-day non-interest-bearing note for $40,000 that was discounted at 12%. Which of the following entries is not correct?
A) December 31, 2015?Interest Expense 400Discount on Note Payable 400? B) Feb. 1, 2016?Interest Expense 800Discount on Note Payable 800? C) December 31, 2015?Discount on Note Payable 400Interest Expense 400? D) December 1, 2015?Cash 38,800Discount on Note Payable 1,200Note Payable 40,000
To analyze a capital investment using the accounting rate-of-return method, one can use an estimated amount for the annual net income
Indicate whether the statement is true or false
Random variable x has the probability function: f(x)=x/6 for x=1,2 or 3. The expected value of x is
A. 0.333. B. 0.500. C. 2.000. D. 2.333.
Row operations are used to solve simultaneous equations where equations are multiplied by constants and added or subtracted from each other
Indicate whether this statement is true or false.