The study of the cultural environment is unnecessary in the foreign market because foreign consumers will accept anything that American marketers have to sell.
Answer the following statement true (T) or false (F)
False
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?The misery index is the sum of the
A. unemployment rate and the output gap. B. unemployment gap and the output gap. C. ???unemployment gap and the inflation gap. D. unemployment rate and the inflation rate.
Josh is responsible for the strategic retail planning process in his organization. He has defined the business mission and conducted a SWOT analysis. Which of the following steps is most likely his next stage in the strategic retail planning process?
A. Develop a retail mix to implement strategy. B. Identify strategic opportunities. C. Evaluate strategic opportunities. D. Establish specific objectives and allocate resources. E. Evaluate performance and make adjustments.
Which of the following is not a lawmaking body but is so influential that many of its voluntary rules, such as the Incoterms, are accepted as the global standard in international business?
a. International Chamber of Commerce b. International Court of Justice c. The United Nation's General Assembly d. The World Trade Organization
Because of the increasing complexity of the social, economic, and industrial life of the nation, the scope of ____ law has expanded enormously in the past century
A) common B) administrative C) procedural D) equity