An OWMM arrangement reduces labor requirements but increases inventory

Indicate whether the statement is true or false

FALSE

Business

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The amount of compensation a salesperson would receive for a completed real estate transaction would be determined by:

A. the standard commission rates in the area B. the salesperson's contract with their broker C. the amount specified by the state's real estate commission D. the amount specified in the listing agreement

Business

When companies are setting prices in different countries, the problem with setting a market-based price in each country is that ________

A) it allows intermediaries in low-price countries to reship their products to high-price countries B) the company would earn the same profits everywhere, regardless of the cost structure C) this strategy might price the product out of the market in countries where costs are high D) this strategy would make the price too high in poor countries and not high enough in rich countries E) it prevents the company from differentiating its products

Business