The _____ period moves the industry from many companies and high product costs, to a more stable.

The _____ period moves the industry from many companies and high product costs, to a more stable.

Answer: shakeout

If you do business abroad, you will have to learn about the cultures of the countries in which you plan to do business because

If you do business abroad, you will have to learn about the cultures of the countries in which you plan to do business because

a. different cultures use different types of computer software
b. culture makes businesses more competitive
c. different cultures have different currencies
d. culture affects how people do business




Answer: D

Exporting via the World Wide Web is

Exporting via the World Wide Web is

a. not cost-effective
b. direct exporting
c. indirect exporting
d. not possible without commissioned agents

Answer: B

Increasing market share for a product or service within a given area is

Increasing market share for a product or service within a given area is

a. geographic development
b. geographic expansion
c. market development
d. market penetration




Answer: D

The level of ethical behavior demanded by an individual, a business, or a culture is a(n)

The level of ethical behavior demanded by an individual, a business, or a culture is a(n)

a. low standard of ethics
b. ethical issue
c. ethical guideline
d. code of ethics



Answer: D

The legal document that gives an inventor the sole right to produce, use and sell an invention is a

The legal document that gives an inventor the sole right to produce, use and sell an invention is a

a. patent
b. trademark
c. copyright
d. license




Answer: A