A line of credit can be either a formal or an informal agreement between a borrower and a bank regarding the maximum amount of credit the bank will extend to the borrower during some future period, assuming the borrower maintains its financial strength.
Answer the following statement true (T) or false (F)
True
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Price fixing occurs when two or more companies conspire to ________
A) keep prices at a certain level B) use predatory pricing C) use loss-leader pricing D) use bait-and-switch tactics E) prohibit competitors from entering a market
Currency exchange rate movements are well understood by economists and can be accurately forecast, which eliminates risk for the international seller operating with exposure outside the home currency.
Answer the following statement true (T) or false (F)
The difference between value and price is the_______
a. customer incentive to purchase b. fundamental value equation c. estimate of value changes d. concept of value in the business markets
Preparing a rebuttal to a speaker’s criticism is an example of which barrier to listening?
A. debate B. willingness C. internal and external noise D. detouring