Brestine Inc., a European multinational corporation, wants to expand its customer base and decides to target the Asian market. As most Asian countries have comparatively low per capita income, the company introduces cheaper versions of its products that would appeal to the target market. In this scenario, Brestine Inc. is most likely facing the barrier of _____.
A. sociocultural differences
B. political differences
C. economic differences
D. legal differences
Answer: C
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A major effort of most businesses, especially retail businesses, in using customer relationship management (CRM) systems is to collect _____ about customers.
A. artificial intelligence B. business intelligence C. personal information D. knowledge management parameters
Which of the following describes the main disadvantage of a focus group?
A) The small sample size makes it inaccurate for projection purposes. B) Focus groups is a very expensive research method. C) Focus groups is a very time consuming research method. D) It is difficult to effectively convey a concept during a focus group discussion.
Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000. They agree to salaries of $12,000 and $18,000 for Singer and McMann respectively and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will McMann‘s share of the income be if the income for the year was $30,000?
A) $20,000 B) $18,000 C) $18,600 D) $17,400
Which of the following is true of a shareholder voting agreement?
A) It is an agreement between the board of directors and a shareholder. B) It has a limited duration of 10 months. C) It does not have to be filed with the corporation. D) It is always revocable.