State the article in the European Community Treaty that is analogous to Section 2 of the Sherman Act
What will be an ideal response?
Article 82 of the European Community Treaty is analogous to Section 2 of the Sherman Antitrust Act, and forbids businesses with a dominant position in their marketplace to take improper advantage of their position to the detriment of consumers. The specific prohibitions are (1) directly or indirectly imposing unfair prices or trading conditions; (2) limiting production, markets, or technical developments to the prejudice of consumers; (3) applying unequal conditions to equivalent transactions with different trading partners; and (4) imposing unrelated tying clauses.
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To be successful in relationships with people in other countries, international business people must:
A. be students of culture. B. have factual knowledge. C. be sensitive to cultural differences. D. all of the above. E. A and C.
Assume that actual sales results exceed the planned results for the second quarter. This favorable difference is greater than the unfavorable difference reported for the first quarter sales. Which of the following statements about the sales budget report on June 30 is true?
a) The year-to-date results will show a favorable difference. b) The year-to-date results will show an unfavorable difference. c) The sales report is not useful if it shows a favorable and unfavorable difference for the two quarters. d) The difference for the first quarter can be ignored.