Pepsi Co. sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next five years. What kind of a countertrade did both the parties indulge in?
What will be an ideal response?
Both the parties indulged in an offset. In such countertrade, the seller receives full payment in cash but agrees to spend a substantial amount of the money in that country within a stated time period.
You might also like to view...
As part of effective IT planning in systems development life cycle, a return on investment (ROI) calculation may be performed as part of the economic feasibility analysis. Often, many of the benefits from a new information system may be intangible benefits (e.g. system is easier to use or system enhances customer service, etc.) that are hard to quantify in an income statement. What are some intangible benefits of a state-of-the-art course registration system at your college or university?
What will be an ideal response?
“Dina, do you recall our conversation about logging into other coworkers’ computers?” This statement ___________ and helps refresh the employee’s memory in the progressive discipline model.
A. gives discipline B. checks for understanding C. refers to past feedback D. develops a plan E. disciplines in private
Which of the following is most likely to stimulate customer loyalty?
A. Coupons B. Sweepstakes C. Frequent-user incentives D. Samples E. Premiums
The Euro-medium-term-note (EMTN) has filled a substantial niche market in global financing. What are the distinguishing characteristics of the EMTN and why is it such a popular form of financing for MNEs?
What will be an ideal response?