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Author Question: Which of the following provides the exporter with a complete financial package that combines credit ... (Read 73 times)

CORALGRILL2014

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Which of the following provides the exporter with a complete financial package that combines credit protection, accounts-receivable bookkeeping, and collection services to take away many of the challenges that come with doing business overseas?
 a. Forfaiting
  b. Factoring
  c. Invoice discounting
  d. Leasing

Question 2

A business owner is hesitant to spend money on a survey of his customers because he thinks surveys give erroneous and useless results. Convince him that a survey can be useful for his business.



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CharlieArnold

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Answer to Question 1

B

Answer to Question 2

Survey research presents numerous advantages. They provide a quick, often inexpensive, efficient, and accurate means of assessing information about a population. Researchers can apply fairly straightforward statistical tools in analyzing sample survey results. One of the key disadvantages, though, is that survey results are no better than the quality of the sample and answers obtained. A survey opens the door to errors in general and those errors contribute to misleading results. In addition to these general disadvantages, each individual survey tool introduces unique disadvantages. By understanding the nature of the errors that can result, researchers can hopefully better match a survey data collection approach and reduce the likelihood of erroneous or useless results.





 

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