The "extension versus adaptation" debate is essentially a debate over "standardized versus localized" advertising

Indicate whether the statement is true or false


TRUE

Business

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Answer the following statement(s) true (T) or false (F)

1. Trade blocs are groups of countries who form an association for the purpose of facilitating movement of goods across national borders. 2. The global village refers to companies conducting business worldwide without boundaries. 3. The purpose of the World Trade Organization is to open trade for the benefit of all. 4. As companies begin to operate in multiple markets, HR managers should be concerned with complying with only home-country legal requirements. 5. According to the Foreign Corrupt Practices Act, U.S.-based or U.S.-listed companies cannot bribe foreign officials in exchange for business.

Business

Patents for inventions are valid for 10 years

Indicate whether the statement is true or false

Business

Blacklaw in a signed letter to Ekis made the following request (offer): "Ship promptly 100 dozen of the new light saver type light bulbs." This offer

a. may be accepted only by a prompt shipment. b. may be accepted only by a prompt promise to ship. c. may be accepted by either a prompt promise to ship or a prompt shipment. d. is invalid because no price was mentioned.

Business

Every business, regardless of its size, should hire an accountant to help it set up its books

Indicate whether the statement is true or false

Business