The process whereby banks serve as intermediaries between the seller and the buyer for the exchange of the bill of lading in return for payment is:
a. the documentary sale.
b. the negotiability of the document of title.
c. the documentary collection.
d. the documentary transaction.
c
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Groups that have an indirect influence on a person's attitude or behavior can be a part of his or her reference groups
Indicate whether the statement is true or false
Which of the following is the process of dividing a larger market into smaller pieces based on one or more meaningfully shared characteristics?
A) acculturation B) segmentation C) market fragmentation D) targeting E) positioning
The final step in the negotiation process is:
A. the agreement phase. B. exchanging task-related information. C. interpersonal relationship building. D. the persuasion phase.
The average inventory at retail for Flying Fishes Inc was $260,510. The turnover rate at retail was 5.1, based on net sales of $1,328,600. The published inventory turnover at retail is 7. Since the actual turnover rate is less than the published rate, find the target average inventory at retail.(Round your answer to the nearest dollar)
A) $357,563 B) $260,510 C) $189,800 D) $450,310