Companies invest in trading investments with the intent of ________
A) increasing the amount of long-term assets
B) gaining the controlling rights of the investee
C) holding the investment until maturity
D) generating a profit on a quick sale
D
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________ has three characteristics: 1. it is a source of competitive advantage in that it makes a significant contribution to perceived customer benefits;
2. it has applications in a wide variety of markets; and 3 . it is difficult for competitors to imitate. A) Core competency B) Market sensing process C) Corporate social responsibility D) Strategic business unit E) Philanthropy
Countertrade occurs when the:
A. exporter may not be paid in his or her home currency due to nonconvertibility. B. exporter can convert the currency only in U.S. dollars. C. exporter is dealing with a country that has huge foreign reserves. D. exporter has easy access to export credit to fund its international trade. E. importer defaults on payment.