Our personal social networks populated with people who willingly cooperate, exchange information, and build trusting relationships with each other are considered ___________.
a. human capital
b. social capital
c. physical capital
d. emotional capital
b. social capital
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Which of the following statements is true of the Russian economy?
A) Russia has a technologically competent manufacturing base with the latest machinery. B) Russia has a highly democratic political leadership that fervently promotes free media. C) Russia's middle class has been slow to accept foreign goods, services, and brands. D) Russia has an economy that is largely dependent on oil revenues.
The difference between value of the product and price of the product represents the _______. In business markets, the value provided will likely exceed the price or else the customer will be indifferent
a. cost-plus pricing b. competition-based pricing c. value-based pricing d. customer incentive to purchase
Illegally obtained evidence is not permitted to be used at a criminal trial based upon the
a. silver plate doctrine. b. exclusionary rule. c. fair play doctrine. d. Eighth Amendment.
Assume that you manage a firm that faces transaction exposure. Your company manufactures and sells tricycles around the world
You just completed a large sale of tricycles to a chain of stores in Sweden and received a promised payment of 1,000 krona per tricycle. You have already sold 3,000 tricycles and are now awaiting payment. The exchange rate today is 7 krona per dollar. What will be your sales receipt in krona, and what amount of dollars will these kronas convert to at today's exchange rate? A) 2,000,000 kronas and about 428,571 dollars B) 3,000,000 kronas and about 300,000 dollars C) 3,000,000 kronas and about 428,571 dollars D) 2,000,000 kronas and about 300,000 dollars