If a firm relaxes its credit standards, the volume of accounts receivable increases and so does the firm's carrying cost
Indicate whether the statement is true or false
TRUE
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Statements that illustrate the success of global marketing include all of the following except:
A) the Coca-Cola Company supports its Coke brand by utilizing global and local marketing mix. B) Apple is synonymous with cutting-edge innovation and high-tech design. C) Italy's Benetton utilizes marketing as a knee-jerk reaction to world marketing needs. D) the backbone of Caterpillar's global success is its network of dealers. E) Germany's reputation for engineering and manufacturing provides a competitive advantage.
In organizations with a diverse workforce, it is usually constructive to
A. ignore cultural differences and just hope everyone will get along OK. B. express pity for minorities and disabled persons. C. divide the workforce into teams, with each team comprised only of persons from a single culture. D. discuss cultural differences openly, as long as you avoid inflammatory remarks.
_________ networks can help employees communicate freely with one another, build relationships, exchange opinions, and share grievances.
a. Informal b. Unsubstantiated c. Unofficial d. Unapproved
An oral will is called a(n) _ _________ will
Fill in the blank(s) with the appropriate word(s).