Categories of political risk listed by EIU (Economist Intelligence Unit) include all of the following except:

A) war.
B) political turmoil.
C) bureaucracy.
D) corruption.
E) crime.

B

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While marketers should be secure in their own convictions and traditions, ________ are required to appreciate the integrity and value of other ways of life and points of view

A) standard of living and stage of economic development B) production process and standards of measurement C) open mind and absence of prejudice D) degree of nationalism and economic community membership E) fast food culture and slow food culture

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Drought conditions spike demand during the summer to an annualized rate of 27,000 cans per year and the price rises to $12 per can with a holding cost of 20%. What is the required order cost per lot?

A) 9.2 cents B) 92 cents C) $9.20 D) $92.00

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