A U.S. firm is analyzing its business prospects in China. Marketing executives understand which of the following to be true of this potential market?
A. China's economy has recently seen a substantial decrease in its Global Retail Development Index (GRDI).
B. China struggles with unequal economic distribution.
C. China's growth in its gross domestic market has increased.
D. China's leadership, which maintains communist political ideals, has not embraced market-oriented economic development, which has led to startlingly slow gains.
E. Recent developments in China have led to dramatically decreased living standards and levels of personal freedom.
Answer: B
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An anti-takeover tactic called greenmail is
A. borrowed from NAFTA. B. prohibited in Canada. C. only allowed in Quebec. D. encouraged in Canada.
Lead time is:
A. the time in which the first mover operates in the market under conditions of limited competition B. the time between product introduction and customer acceptance C. the time it takes for an entrepreneur to go from the concept stage to the delivery stage D. the time from production to market delivery
Which of the following is (are) covered under a claims-made policy?
I. Claims arising out of occurrences which take place during the policy period, regardless of when the claim is made II. Claims first reported during the policy period, provided the event occurred after a retroactive date stated in the policy A) I only B) II only C) both I and II D) neither I nor II
Right of removal is intended to:
a. protect out-of-state plaintiffs from state courts that might favor their own citizens b. protect out-of-state defendants from being disadvantaged by not understanding the state court system c. protect out-of-state defendants from state courts that might favor their own citizens d. protect a state's attorneys from competition from attorneys from other states e. none of the other choices are correct