One advantage of importing is that an importer can diversify its operating risks by developing alternative suppliers

Multipoint competition arises when two or more enterprises encounter each other in different regional markets, national markets, or industries

Indicate whether the statement is true or false.

Draw a curve that represents four out of the five demand patterns for time series as discussed in this chapter. Clearly label both dependent and independent axis and the salient features of your graph that demonstrate your chosen patterns

Select a product or service and discuss what influences might cause it to exhibit each of these patterns.