Porsche purchases thousands of different parts such as stereos to manufacture their cars. Explain derived demand in this situation
What will be an ideal response?
Porsche's demand for car stereos is derived from the consumer demand for Porsche cars in this example.
Business
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A firm would most likely establish an international division when ________
A) domestic market sales fluctuate B) decision making becomes decentralized C) foreign and domestic customers are similar D) specialization in foreign market operations becomes essential
Business
Problems commonly encountered in the audit of prepaid insurance are not typical of the problems found in other prepaid assets
Indicate whether the statement is true or false
Business