International opportunities should be considered in the strategy planning process, but they don't always survive as the most attractive ones that are turned into strategies.

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


True

Marketing managers should consider international opportunities, but risks are often higher in foreign markets. Many firms fail because they don't know the foreign country's culture.

Business

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A firm using FIFO had a beginning inventory of $48,000, an ending inventory of $56,000, and a pretax income of $400,000 . If it had used LIFO, its beginning inventory would have been $20,000, and its ending inventory would have been $16,000 . From the information provided, one can conclude that:

a. quantities increased and prices decreased. b. quantities decreased and prices increased. c. prices increased but we cannot conclude what happened to quantities. d. quantities decreased but we cannot conclude what happened to prices. e. not enough information to reach a conclusion.

Business

A ________ is a person who agrees to pay a debt if the primary debtor does not

A) secondary contractor B) third-party contractor C) lessee D) guarantor

Business

What are the five types of power discussed in the textbook? Pick three, out of the five types of power, that you hope your future boss will possess and explain why.

What will be an ideal response?

Business

Some countries prohibit advertising of drugs and medications

Indicate whether the statement is true or false

Business