Identify the situation where indirect channels are more useful than direct channels
A) When product customization is important.
B) When after-sale service is important.
C) When purchase orders are large.
D) When transportation and storage are complex.
B
Business
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A central bank sale of ________ to purchase ________ in the foreign exchange market results in an equal decline in its international reserves and the monetary base
A) foreign assets; domestic currency B) foreign assets; foreign currency C) domestic currency; foreign assets D) domestic currency; domestic currency
Business
The approach that a firm takes in obtaining and using technology to achieve a new competitive advantage is the best definition of:
a. technology innovation b. technology strategy c. economy of scale d. invention
Business