Answer to Question 1
To facilitate countertrade, firms may agree to establish clearinghouse accounts, in which the exporting firm incurs a counterpurchase obligation of an equivalent value, which is recorded in its clearinghouse account. When the exporting firm eventually buys goods from its partner, its clearinghouse obligation is reduced. Thus, a firm does not need to balance any single countertrade transaction, although it must honor its cumulative set of obligations by the time its clearinghouse account expires.
Answer to Question 2
Public relations consists of efforts aimed at enhancing a firm's reputation and image with the general public, as opposed to touting the specific advantages of the individual product or service.
This chart illustrates the four quadrants in which we can place the relationships between the state
Benefits of Regular Exercise
Benefits of outsourced payroll.
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Heath Benefits of tomato
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...