A(n) ________ firm engages in trade and marketing in different countries as an extension of the marketing strategy in its home country.
A. multinational
B. international
C. multidomestic
D. meganational
E. transnational
Answer: B
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Developed economies tend to be lower corporate tax locations.
Answer the following statement true (T) or false (F)
You deposit $1,000 in an account offering an 8% yield, compounded semi-annually. At the end of one year, your total earned interest is
A) $40.00. B) $40.80. C) $80.00. D) $81.60.
Long's Department Store contracted to buy 1,000 drop-waist velour dresses in heather gray from Durham. Subsequently, Durham called and asked to ship mink-colored dresses instead of heather gray. Long agreed, in writing, to the change. Which statement is correct?
a. The modification is not enforceable since there was no consideration for the change. b. The modification is not enforceable since the parties are merchants. c. The modification is enforceable. d. Whether the modification is enforceable depends on the gap-filler rule.
Use the information in Case 6.2. How many Kanban containers would Jewel require if a 10% policy variable is used?
A) three or fewer B) four or five C) five or six D) six or seven