Which of the following trends in world economy has shaped up the future of global marketing and marketing enterprises?
A) the growing role of consumers as just purchasers of products and services
B) downfall of GDP per capita income in developed countries
C) the rise of the rest of the world on par with the developed nations
D) global economy shifting toward the growth of developed countries
C
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The ________ of a firm is the amount of time required for a company to convert cash invested in its operations to cash received as a result of its operations
A) cash turnover B) cash conversion cycle C) average age of inventory D) average collection period
Stock brokers typically do not recommend no-load funds because
A) the return is lower than on load funds and brokers want to sell only the best funds to their clients. B) federal law prohibits brokers from selling no-load funds. C) no-load funds do not pay a fee to the broker for selling them. D) there is no secondary market for them.