A company being forced to form a joint venture with a local company in order to operate in a foreign country is an example of which type of issue faced when expanding services into a foreign market?
a. Identifying global customers
b. Legal and political issues
c. Domestic competitors and the economic climate
d. Labor, facilities, and infrastructure support
b. Legal and political issues
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The following are selected data for the Young Company: Administrative expenses$ 920 Beginning inventory1,140 Net sales10,050 Net income3,130 Ending inventory1,180 Sales returns1,180 Total operating expenses1,380 Purchases5,600 Required:Compute the following: a.Salesb.Purchase returnsc.Selling expensesd.Cost of goods sold
What will be an ideal response?
Two ways a salesperson can ________ is to show the buyer how to properly use the product and to make realistic claims about the product.
A. reduce routine decision making B. lower the buyer's level of dissonance C. reduce satisfaction D. modify selective retention E. increase dissatisfaction
Shudra is a new employee who is being pressured by her manager to do something unethical that directly violates the company’s code of ethics. On what other moral support level can she rely?
a. her manager’s fear of being caught b. her coworkers’ judgment about what to do c. her industry’s code of ethics d. her manager’s supervisor
Gain and losses are reported on the multi-step income statement under which of the following classifications?
A) Cost of sales B) Other revenues and expenses C) Operating revenues and expenses D) Gross margin