If Selman & Saks allowed a French company to produce and market razors and trimmers carrying the company's brand in exchange for a royalty, Selman & Saks would be using which market entry strategy?

A) exporting
B) franchising
C) licensing
D) contract manufacturing
E) joint ownership


C

Business

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How would a private college or university report its estimate for uncollectible tuition and fees on its statement of activities?

A. A direct reduction of Tuition and Fees-Unrestricted. B. A contra-revenue account titled Provision for Doubtful Accounts. C. An operating expense titled Bad Debt Expense. D. An operating expense titled Provision for Doubtful Accounts.

Business

Berman Electronics, a chain of appliance stores in North America, caters to a wide range of customers. It has a marketing organization in which different operational specialists head different marketing activities

Berman Electronics is a(n) ________. A) customer management organization B) niche marketer C) early adopter D) functional organization E) laggard

Business

The _____ at John Lewis, Britain's largest department store chain, selects the merchandise for his or her department and is often responsible for its promotion and for managing the personnel in that department.

A. buyer B. purchasing agent C. retail broker D. merchandiser E. franchisee

Business

For a given return on assets, the lower the bank capital is,

A) the lower the return for the owners of the bank will be. B) the higher the return for the owners of the bank will be. C) the lower the credit risk for the owners of the bank will be. D) both A and C of the above will happen.

Business