________ are written offers to solve problems, provide services, or sell equipment
Fill in the blank(s) with correct word
Proposals
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Theodore Levitt, a marketing strategist, argued that people around the world are willing to sacrifice preferences in product features, functions, and design for lower prices and lower quality.
Answer the following statement true (T) or false (F)
An opportunity cost:
A. Is an unavoidable cost because it remains the same regardless of the alternative chosen. B. Is the potential benefit lost by choosing a specific alternative course of action among two or more. C. Results from past managerial decisions. D. Requires a current outlay of cash. E. Is irrelevant in decision making because it occurred in the past.
Which of the following arrangements involves the greatest commitment of resources and poses the greatest amount of risk?
A. exporting B. franchising C. foreign subsidiary D. global sourcing
Have currency traders been successful in exploiting their exchange rate forecasts?
What will be an ideal response?