When fixed costs are included in the cost of goods sold, the gross margin percentage should increase and decrease with sales volume.
Answer the following statement true (T) or false (F)
True
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Before doing any business internationally, a company must look at the conditions in a potential country to analyze what the advantages, disadvantages, and costs will be and whether it is worth the risk
Indicate whether the statement is true or false
Which of the following practices helps an individual survive in a financial crisis?
A. Spending more than his or her earnings to maintain a good lifestyle B. Investing small amounts regularly to achieve long-term financial goals C. Establishing an emergency fund with 6 months' worth of income D. Developing financial plans only after reaching the highest tax brackets E. Planning tax without considering tax shelters
Besides the standard auction approach where buyers bid for a seller's offering, it is now very common for sellers to utilize ________ to bid prices to capture a buyer's business.
A. online promotion B. reverse auctions C. channel discounts D. stability pricing E. price elasticity of demand
In England, the Coal industry was taken over in 1947 by the government when over 800 coalmines were taken under public ownership and a National Coal Board (NCB) was established to manage the industry on commercial lines. The NCB became the British Coal Corporation in 1987. This is an example of which concept below?
a. Sovereignization b. Nationalization c. Internationalization d. Globalization