PepsiCo sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next five years. What kind of a countertrade did both the parties indulge in?
What will be an ideal response?
Both the parties indulged in an offset. In such countertrade, the seller receives full payment in cash but agrees to spend a substantial amount of the money in that country within a stated time period.
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The amount of liquidated damages is considered reasonable if it is not so large as to be a penalty or so small as to be unconscionable.
Answer the following statement true (T) or false (F)
According to the BCG matrix, products or businesses with a high market share in a high-growth market are classified as ________
A) stars B) cash cows C) question marks D) dogs E) heroes
What coverage is provided under the workers’ compensation acts?
What will be an ideal response?
________ is exploiting a distinctive competence or improving efficiency for competitive advantage.
A. Smoothing B. Competitive aggression C. Competitive intelligence D. Coalition E. Cooptation