Author Question: When an international company uses the cash in advance strategy, A) a formal, written contract is ... (Read 68 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
When an international company uses the cash in advance strategy,
 A) a formal, written contract is not needed
  B) a buyer must pay in cash before receiving the product
  C) most risks are shifted to the seller
  D) all of the above are true

Question 2

Which of the following is probably the MOST elastic product?
 A) a cup of Starbucks coffee
  B) a meal at the fanciest restaurant in New York City
  C) a BMW automobile
  D) ice cream



Mollythedog

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

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library