Describe some of the significant differences with international expansion:
What will be an ideal response?
Language and culture might be different; threatening the brand name; jeopardizing the logo and slogan; advertising and promotional efforts might be limited with different limitations; distribution channel may vary.
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All of the following are elements of operational control decisions except
a. determining the scope of the activity b. setting operating standards c. evaluating performance d. taking corrective action when necessary
In accounting, $1,000 is considered the dividing line between material and immaterial amounts
Indicate whether the statement is true or false
In the Circles for a Successful Value Proposition framework, the value proposition is represented by
A. the intersection between all three of the circles. B. the intersection between customer needs/wants and competitors' benefits. C. the intersection between customer needs/wants and the firm's product's benefits. D. the part of the firm's benefits that doesn't overlap with anything. E. the intersection between the firm's benefits and competitors' benefits.
One of the protections for consumers against subprime loans includes credit counseling before consumers may sign for certain types of subprime loans
Indicate whether the statement is true or false