Which of the following is correct regarding a "counteroffer"?

A) Is not really an offer, but operates as the revocation of an offer
B) Is treated as both a rejection of an offer and a new offer
C) Operates as both an offer and an acceptance
D) Is treated as a new offer, but does not terminate the original offer
E) Is no different from any other offer


B

Business

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In a short essay, discuss the advantages to publishing marketing research reports on the Web. Give an example of how one company has benefited from such use of new media

What will be an ideal response?

Business

Information is data converted into a meaningful and useful context. The truth about information is that its value is only as good as the people who use it. People using the same information can make different decisions depending on how they interpret or analyze the information.

Answer the following statement true (T) or false (F)

Business

_________ refers to direct investments in equipment, structures, and organizations in a foreign country at a level sufficient to obtain significant management control.

What will be an ideal response?

Business

Rose Arts expects $45,000 of credit sales in April; $75,000 of credit sales in May; and $90,000 of credit sales in June. Rose Arts traditionally collects 66-2/3% of its sales in the month of the sale and the other 33-1/3% in the month following the sale. How much does Rose Arts expect to collect in May?

a. $60,000 b. $65,000 c. $90,000 d. $85,000

Business