When companies sell in other countries through limited direct contact or indirect intermediaries, they always consider themselves to be involved in foreign marketing.
Answer the following statement true (T) or false (F)
False
Many companies with no direct foreign marketing still do business with international customers through intermediaries or limited direct contact. In these cases, however, there is no formal international channel relationship or global marketing strategy targeted at international customers. Of course, any company with a website is now a global company as someone can visit the site from anywhere in the world, but companies with no foreign marketing consider any sales to an international customer as incidental.
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The change in each of Kendall Corporation's balance sheet accounts last year follows: IncreaseDecreaseCash and cash equivalents$3,000 Accounts receivable$2,000 Inventory $3,000 Prepaid Expenses$4,000 Long-term Investments $15,000 Property, Plant and Equipment$10,000 Accumulated Depreciation$8,000 Accounts payable $9,000 Accrued Liabilities$6,000 Bonds Payable $13,000 Common Stock$5,000 Retained Earnings$4,000 Kendall Corporation's income statement for the year was: Sales$300,000Cost of goods sold 180,000Gross margin 120,000Selling and administrative expense 116,000Net income$ 4,000?There were no sales or retirements of property, plant, and equipment and no dividends paid during the year. The
company pays no income taxes and it did not purchase any long-term investments, issue any bonds payable, or repurchase any of its own common stock. The net cash provided by (used in) operating activities on the statement of cash flows is determined using the direct method.The net cash provided by (used in) investing activities would be: A. $(10,000) B. $(8,000) C. $5,000 D. $15,000
No entry is required on the date of record for a cash dividend
Indicate whether the statement is true or false
Which of the following actions is closely associated with the niche strategy?
a. Choosing a target market that is not crucial for the success of major competitors b. Manufacturing products in bulk and targeting the average customer c. Selling products that do not have extra frills d. Creating cross-departmental teams across all the strategic business units
All of the following are forms of alternative dispute resolution except:
A) minitrials. B) arbitration. C) meditation. D) litigation.