_______ refers to the need for developing economies to maintain a focus on the core elements of an open economy -those being the law of supply and demand, encouragement of entrepreneurship and wealth creation, and the willingness to encourage and support private ownership.

A. Commitment to an International Trade System
B. Absence of Protectionism
C. Fundamentals of Fair Trade
D. Market Openness
E. Balanced Economic Development

Ans: D. Market Openness

Business

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The ________ approach is usually implemented by asking customers to develop short phrases in their own words about the benefits and needs of a particular feature of a product, for example, car door

A) classic linear B) rugby C) cost differential D) voice-of-the-customer

Business

An example of a cultural blooper would be for an American to

A) pressure an Asian job applicant to bring about personal accomplishments. B) deemphasize organizational rank when conducting business in Scandinavia. C) upon first contact, address a French executive by title and last name. D) give a small gift to a Japanese business associate.

Business