Author Question: Approximately how many commercial trade exchanges exist in the United States? a. 40 c. 4,000 b. 400 ... (Read 41 times)

ssal · **on:** Jun 29, 2018

Approximately how many commercial trade exchanges exist in the United States?
a. 40 c. 4,000
b. 400 d. 40,000

Question 2

Phoenix Inc, a XYZ manufacturing company, introduces Numberator, a scientific calculator, that comprises a special, high-quality chip. This chip helps the Numberator calculate faster than the traditional scientific calculators. In this scenario, Numberator can be considered an innovation:
A) only if its speed can be measured.
B) only if it is perceived so by consumers.
C) as long as the brand calls it an innovation.
D) if it is a popular brand with a good brand image.
E) only by the individuals who have purchased it.

Joc · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B
Often, countertrade is conducted with the help of countertrade brokers, since it is rare that a perfect match can exist for product exchanges and since the exchanges themselves are complex. These barter agents or brokers, known in the trade as commercial trade exchanges, number approximately 400 in the United States and typically utilize extensive computerized data bases to locate and match demand and supply.

Answer to Question 2

B