What are the key characteristics to understand when moving a business from one country or region to another?
What will be an ideal response?
• Economics
• State in economic development
• Balance of payments – balance of trade
• Type of economic system
• Political-legal environment
• Cultural environment
• Technological environment
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Pana is struggling to find the right terms to explain what the snow is like in his native town of Sitka, Alaska. He feels limited in his ability to explain what it’s like to live in his hometown. His classmates also seem confused about what he is trying to explain. This is an example of which type of influence on perception?
a. culture b. media c. fields of experience d. language
You should use formal data tables when you _______________
a. have exact figures from your research b. are writing a formal document c. must present a large amount of data d. use conflicting data
The sales budget:
a. indicates the selling price per unit. b. indicates the units sold. c. indicates the total selling price. d. can be prepared for a month or a quarter. e. All of the answers are correct.
An Internet-based location for buyers and sellers to meet and trade goods, services, and information is an _______.
a. e-marketplace b. e-fortress c. e–auction house d. e-exchange