A low market-penetration index indicates ________
A) it will be expensive for the firms to attract the few remaining prospects
B) substantial growth potential for all firms
C) the rival firms try to capture greater market share by lowering their product price
D) the profit margins of the firms decline
E) the firms cannot raise demand substantially by raising its market expenditure
B
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In Japan, it is considered ______ to say “no.”
a. important b. impolite c. professional d. impossible
Refer to the following selected financial information from Texas Electronics. Compute the company's working capital for Year 2. Year 2 Year 1Cash$37,500 $36,850 Short-term investments 90,000 90,000 Accounts receivable, net 85,500 86,250 Merchandise inventory 121,000 117,000 Prepaid expenses 12,100 13,500 Plant assets 388,000 392,000 Accounts payable 113,400 111,750 Net sales 711,000 706,000 Cost of goods sold 390,000 385,500
A. $147,200. B. $142,700. C. $111,700. D. $220,600. E. $232,700.
An entry __________ is a product or service feature that customers have come to expect from organizations in a particular industry and must be offered by an entering organization to compete and survive.
Fill in the blank(s) with the appropriate word(s).
High context cultures rely heavily on situational aspects such as nonverbal cues to understand the world around them.
a. true b. false