If customers in other countries are interested in the products a firm offers, or could offer, serving them may improve economies of scale.
Answer the following statement true (T) or false (F)
True
If customers in other countries are interested in the products a firm offers, or could offer, serving them may improve economies of scale. Lower costs and prices may give a firm a competitive advantage both in its home markets and abroad.
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The number of salespeople in the United States is expected to continue to increase in the next five years
Indicate whether the statement is true or false
Which of the following is one of the elements of stockholders' equity?
A) Income tax payable B) Dividends payable C) Retained earnings D) Accounts payable
A conditional probability is the probability that an event occurs given that another event has already occurred
Indicate whether this statement is true or false.
The order of magnitude cost estimate is used when:
A) Ballpark estimates are not considered accurate enough. B) Historical data are readily available. C) Information or time is scarce. D) Parametric estimation has already been performed.