Author Question: Brand name is an important component in a customer's purchase decision for commodities. Indicate ... (Read 62 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
Brand name is an important component in a customer's purchase decision for commodities.
 
  Indicate whether the statement is true or false

Question 2

What are the two primary methods for conducting international business? What role has globalization played in these two methods?
 
  What will be an ideal response?


annierak

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

FALSE

Answer to Question 2

The two main tools for conducting IB are international trade and international direct investment. Globalization has increased the role of international trade. In 1950, foreign trade accounted for only 1 of the GDP in the world's nations, and now it is up to 26. Globalization has also led to increased FDI as citizens in one country invest in other countries.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

For a complete list of videos, visit our video library