The advantages of using a licensing strategy to participate in foreign markets include:
A. being especially well suited to the use of cross-market subsidization.
B. being able to charge lower prices than rivals.
C. enabling a company to achieve competitive advantage quickly and easily.
D. being able to leverage the company's technical know-how or patents without committing significant additional resources to markets that are unfamiliar, politically volatile, economically uncertain, or otherwise risky.
E. being able to achieve higher product quality and better product performance than with an export strategy.
D. being able to leverage the company's technical know-how or patents without committing significant additional resources to markets that are unfamiliar, politically volatile, economically uncertain, or otherwise risky.
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Which of the following is not true for a regulated electric utility that has construction work in progress?
a. The political climate of the utility commission that will be ruling on the construction work in progress costs is not an issue to be considered. b. Most utility commissions allow no construction work in progress or only a small amount in the rate base. c. In the long run, everybody pays for inefficiency and excess capacity because disallowed costs are a risk that can drive the stock price down and interest rates up for the utility. d. Costs related to construction work in progress that are disallowed are, in effect, charged to the stockholders. e. Future income will not include a return on disallowed costs.
Social influences on consumer buying decisions are most likely to help in:
a. reducing a feeling of uncertainty among consumers. b. making impulse purchase decisions. c. recognizing one's feelings and formulating opinions. d. shaping human behavior as they are transmitted from one generation to the next.
Two forms of indirect compensation are ____________________ and ____________________.
Fill in the blank(s) with the appropriate word(s).
The period during which a surviving spouse is ineligible for Social Security benefits is referred to as the
A) emergency period. B) readjustment period. C) dependency period. D) blackout period.