In direct exporting, a U.S. company signs a sales contract with a foreign purchaser that provides for the conditions of shipment and payment of goods

Indicate whether the statement is true or false


True

Business

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The graphical method is appropriate for solving simple linear programming problems involving ______ decision variables.

A. one B. two C. three D. four

Business

Sally is in the new marketing department of a midsized lawn and garden company. She is working on the firm's first-ever STP analysis. She has defined the mission and objectives and identified and selected a segmentation method. The next step is to

A. use the Internet, catalogs, and vendor information to draw up a list of new products. B. find marketing interns or hire new staff to help with implementation. C. create pro forma financial statements to complete the package. D. evaluate the attractiveness of the various segments identified. E. develop an advertising plan to promote the upcoming sales.

Business

Techniques used to collect primary data are often classified as ____ and ____ methods.

A. internal/external B. observational/questioning C. exploratory/descriptive D. focus/comprehensive

Business

Which of the following is true of the FDA's role in the introduction of a new drug in the market?

A. The FDA bases its approval of a new drug on the rule of caveat emptor. B. The FDA limits itself to providing relevant suggestions to improve the drug. C. The FDA has the power to investigate the merits of a new drug. D. The FDA prosecutes producers of questionable medicines directly by the powers vested in it by the U.S. Department of Justice.

Business