____, especially a few hundred of the largest headquartered in developed nations, are the central forces of current economic globalization.

Fill in the blank(s) with the appropriate word(s).

Answer: Transnational corporations

Business

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New projects or products can have an indirect effect on the firm as well as a direct effect. Which of the following appears to be an indirect effect of launching a new product?

A) additional machinery must be purchased. B) additional working capital is required. C) sales of our similar product will decline. D) the sales force will need to be increased.

Business

Replacing an existing life insurance policy with a new policy opens a new period of contestability and requires the policyowner to repay policy acquisition expenses.

a. true b. false

Business