After exporting, the next level of commitment a firm can make to a foreign market is a contractual agreement. Two of the most common types of such agreements are ________

A) contract manufacturing and contract marketing
B) contract manufacturing and strategic alliances
C) joint ventures and franchising
D) warehousing and financing
E) licensing and franchising


E

Business

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Which of the following refers to a defense to negligence that consists of proving that the plaintiff did not exercise the ordinary degree of care to protect against an unreasonable risk of harm and that this failure directly results in causing the

plaintiff's harm? A) negligence per se B) contributory negligence C) comparative negligence D) res ipsa loquitur

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Which of the following is an attribute of an "insolvent person" under the Bankruptcy and Insolvent Act?

A) One who is unable to meet his obligations as they generally become due. B) One with provable liabilities to creditors of at least $1000 C) One who has committed an act of bankruptcy D) One who has had a proposal rejected E) A and B

Business

Which of the following ratios measures how effectively a firm is managing its assets?

A. Quick ratio B. Times interest earned ratio C. Profit margin ratio D. Inventory turnover ratio E. Price earnings ratio

Business

Everyone in the Tagi tribe agreed to vote out Gervasse at the next tribal council. Their 39-day project to make it to the final four together was two steps away from completion. This project group is in the:

A) Storming stage of group development. B) Performing stage of group development. C) Forming stage of group development. D) Norming stage of group development.

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