Indirect expenses are included in the calculation of a department's direct operating margin
Indicate whether the statement is true or false
F
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After establishing marketing objectives, the next step in the marketing planning process is ________
A) conducting a marketing audit B) developing marketing strategies C) creating the marketing mix D) formulating the marketing plan E) allocating resources to achieve the objectives
Define services
What will be an ideal response?
What does a petty cash fund represent?
a. It represents the amount of cash a company has restricted for a specific purpose. b. It represents the investment that is readily convertible into cash and has an original maturity of three months or less. c. It represents the excess cash a company generates beyond what it needs to invest in productive capacity and pay dividends to stockholders. d. It represents the amount of cash kept on hand to pay for minor expenditures.
The Overseas Private Investment Corporation (OPIC):
A) is a private company that analyzes and monitors the political climate of countries in which American companies do business. B) offers insurance to American companies to diminish the risks of expropriation of their property in the countries in which they do business. C) was successful in lobbying Congress to repeal the Foreign Sovereign Immunities Act which had, in the past, prevented American companies from seeking relief from countries which had expropriated their property. D) provides protection against natural disasters such as tsunamis in foreign countries.