The first step in finding a foreign market for a product is to determine whether a market exists for a firm's products.

Answer the following statement true (T) or false (F)


True

The first step in locating foreign markets is to determine whether there is a need for the firm's products.

Business

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One way of obtaining departmental accounting information is to maintain separate general ledger accounts by department for each element (account) making up gross profit

Indicate whether the statement is true or false

Business

In the United States, some rappers are known for including insults in their songs directed at other rappers. This is an example of what type of communication?

A. diversified communication B. proverbs C. verbal dueling D. servant leadership

Business

A ________________ tends to be used when a company simultaneously confronts pressures for cost-effectiveness and local adaptation.

What will be an ideal response?

Business

The amount of time spent by an employee in the factory is usually recorded on:

A) time cards B) job order cost sheets C) employees' earnings records D) statement of owners' equity

Business