While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
A) countries in which the company feels comfortable with the language, laws, and culture
B) countries that are located close
C) countries that the home country's management team have visited
D) countries that have no trade barriers
E) countries with good infrastructure and stable political environment
A
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Evidence management is a somewhat disorganized approach to presenting customers with coherent evidence of a firm's abilities, like employee dress and furnishings
Indicate whether the statement is true or false
Vincent Company purchased merchandise from Liu Company with an invoice price of $300,000 and credit terms of 2/10, n/30. Liu Company's cost for the merchandise was $200,000. Vincent Company paid within the discount period. Assume that both buyer and seller use a perpetual inventory system and the gross method of recording invoices.1. Prepare entries that Vincent should record for (a) the purchase and (b) the cash payment.2. Prepare entries that Liu should record for (a) the sale and (b) the cash collection.3. Assume that the buyer borrowed enough cash to pay the balance on the last day of the discount period at an annual interest rate of 9% and paid it back on the last day of the credit period. Compute how much the buyer saved by following this strategy. (Assume a 365-day year and round
dollar amounts to the nearest cent.) What will be an ideal response?
Which global leadership profile cluster does not place a high value on self-protective leadership behavior?
A. Germanic Europe B. Middle East C. Confucian Asia D. Eastern Europe
Political consultants have been using marketing research for decades to help their candidates understand
A. which consumers spend the most money. B. who makes up the voting public and how to reach them. C. what ethical lapses they can get away with. D. how large their campaign signs should be. E. how to buy the votes they need.