Every year SC Johnson gives its customers an opportunity to register on-line or through the mail to win $5,000 for a room makeover. This prize is awarded on Room by Room, a show on HGTV that SC Johnson sponsors. What has SC Johnson designed?
a. an annual loyalty incentive plan
b. an annual contest
c. an annual event sponsorship
d. an annual sweepstakes
Ans: d. an annual sweepstakes
Business
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The U.S., a GATT member, lowers its tariffs to Country X, a developing country, but requires the normal tariff for all other countries. The U.S. is most likely using a ________
A) generalized system of preferences B) normal trade relations system C) staggered system of taxation D) cumulative tariff system
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