In a world of instant communication, rapid transportation, and governments that are increasingly willing to open up their markets to trade and investment, why are there so few global firms?
What will be an ideal response?
Distance, in the final analysis, may be viewed as a concept with many dimensions, not just a measure of geographic distance. Regional economic integration has progressed at a faster pace than global economic integration, and the trade and investment patterns of the largest companies reflect this reality. Another reason for regional expansion is the rise of trading blocs and free trade zones. A number of regional agreements have been created that facilitate the growth of business within these regions by easing trade restrictions and taxes and tariffs.
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Which of the following types of pricing considers neither what the buyer would be willing to pay for product performance nor the pricing of competitive products in the market?
A) cost-based pricing B) perceived-value pricing C) customerization-based pricing D) value-in-use pricing E) performance-based pricing
____ is not captured by an ACD.
A. Response time B. Average speed of answer C. Abandon rate percent D. Average wait time
An example of external secondary data is _____
a. regular periodicals downloaded from the Web b. annual budgets for your firm's advertising c. daily sales figures by retail location d. inventory records of fast-selling goods
The ________ stage of ABC is to compute an activity rate for each cost pool and then use this rate to allocate overhead costs to products.
Fill in the blank(s) with the appropriate word(s).