According to the VALS segmentation system, ________ are successful, sophisticated, active, "take-charge" people with high self-esteem. Their purchases often reflect cultivated tastes for relatively upscale, niche-oriented products and services

Cost of sales refers to the cost of the merchandise that:

a. company purchased during the period b. customers returned during the period c. company have at the end of the period d. customers purchased during the period e. company have at the beginning of the period

Which of the following transactions refers to the purchase of goods or services produced by a company based in one country from sellers that reside in a different country?

A) importing B) countertrading C) exporting D) freight forwarding