When the difference is deemed to be important and useful to the marketing manager, then it has practical significance

A firm uses $20,000 of an item per year. The carrying cost is 25%, the cost of ordering is $10 and the

order quantity is $1,000. The annual total cost of carrying plus ordering would be: A) $500. B) $816. C) $5,000. D) $2,500. E) none of the above

Cultural imperialism in its strongest form means that in operating internationally a firm maintains the standards of its home country and judges others by those standards

Indicate whether the statement is true or false