For American company Leather Exporters, first quarter sales in Italy were higher compared to the preceding year but profits were down. What could account for this difference?
A) a difference in the currency exchange rate
B) a change in the national leadership in Italy
C) a cultural change in Italian society
D) a reduction in trade barriers with Italy
Answer: A
Business
You might also like to view...
Flash Designs is an apparel manufacturing company and has adopted a franchising model to distribute and sells its garments
The company recently received complaints from a particular franchisee that another competing franchisee was infringing on its territory. What type of conflict is this?
Business
An asset management account combines deposit accounts with a brokerage account and provides a single account statement
Indicate whether the statement is true or false.
Business