By definition, every country has a(n) ____ advantage in some product.
A. relative
B. absolute
C. comparative
D. superior
E. inferior
Answer: C
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Discuss the relationship between training, development, and careers.
What will be an ideal response?
Yong Nam, CEO of LG, recently stipulated that English would be required throughout the company. His reasons for this action included all of the following statements except:
A) the need to have seamless communication. B) not to depend on a small group of people. C) impede information sharing. D) facilitate decision making. E) utilizing everybody's wisdom.
In order to determine customer needs and to implement marketing strategies and programs aimed at satisfying those needs, marketing managers need information about ________
A) customers B) competitors C) other forces in the marketplace D) all of the above
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."The fact that Clearwater Hampers has repeat corporate customers indicates that it creates ________ with its customers.
A. strategic relationships B. joint decision-making alliances C. transactional relationships D. symbiotic relationships E. exchange-oriented dependencies