When Amway entered China, it opened up retail locations for the first time. Amway is a direct selling firm. This means that it sells almost exclusively through independent consultants. However, in China restrictions on direct selling required significant modifications in how consumers obtain these products. On the other hand, Amway has been able to sell many of its signature products to the Chinese market with little to no modification. In China, Amway was forced to ______________ the distribution variable and ___________ its product variable.
A. globalize; globalize
B. customize; globalize
C. localize; globalize
D. globalize; customize
E. internationalize; customize
Answer: B
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Bruce and Carol are discussing an upcoming business trip after Carol returned from a mandatory leave of absence. Carol laughs and makes eye contact with Bruce, joking about the length of the trip. The laughter and joking is the ______ layer of their interaction.
a. relational b. topic c. content d. contextual
The percentage of customers in group that were obtained at the same time who are still customers is known as the:
A) survival rate. B) acquisition rate. C) lifetime duration. D) win-back rate.
Under the accrual basis of accounting, expenses are incurred in one period but not entered until the following period
Indicate whether the statement is true or false
The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $750. The Adjustments columns show a credit of $425 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is:
A. $325 credit. B. $425 debit. C. $750 debit. D. $425 credit. E. $325 debit.