In a credit management program, a retailer generally needs to balance the ability of credit to generate additional revenues against the cost of processing credit payments (including bad debts)
Indicate whether the statement is true or false
True
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Which of the following statements is true of the ethnic composition of the workforce in the United States?
A. The percentage of whites has gradually increased in the past 15 years. B. The percentage of Hispanics has increased in the past 20 years. C. The percentage of African Americans has gradually decreased in the past 15 years. D. The percentage of Asian Americans has decreased in the past 20 years.
Which of the following is the first step a firm should take when deciding whether or not to go global?
A) Develop marketing mix strategies for foreign markets. B) Analyze whether it is in the firm's best interest to focus on the domestic market or to expand to international markets. C) Identify the most attractive global markets for the firm's products. D) Select a market-entry strategy that fits the firm's desired level of commitment. E) Identify potential partners in international markets.
Hofstede's research found that a culture high on ________ accepts the fact that authority is usually distributed unequally within organizations.
A. uncertainty avoidance B. short-term orientation C. masculinity D. power distance E. collectivism
What does Reilly's law of retail gravitation state about the correlation between the size of a trading area and population density?
A. the population density increases when the size of a trading area increases B. the size of a trading area decreases as population density decreases C. the size of a trading area increases as population density decreases D. the population density decreases when the size of a trading area decreases E. the size of a trading area decreases as population density increases