Author Question: Speed-to-market is the rate at which a company's competitors copy its new product innovations. ... (Read 70 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
Speed-to-market is the rate at which a company's competitors copy its new product innovations.
 
 Indicate whether the statement is true or false

Question 2

What is a national balance of trade? What does someone mean when he or she says that the balance of trade is favorable? Unfavorable?



catron30

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

False

Answer to Question 2

A country's balance of trade is the total value of its exports minus the total value of its imports over a specific time period. If a country's balance of trade is favorable, it means that the country's exports exceed its imports. If it is unfavorable, the country is importing more than it is exporting.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library