In evaluating different market segments, the firm must look at two factors: the segment's overall attractiveness and the ________
A) company's objectives and resources
B) effectiveness of the suppliers
C) flexibility of legal rules governing the business
D) socioeconomic infrastructure
E) global nature of the product
A
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Which statement regarding nonwritten law is incorrect?
a. Countries interpret laws differently. b. In low-context cultures what is written is considered flexible, and what is oral is considered binding. c. Japan is an example of a high-context culture. d. In all cultures, the interpretation of the situation is less important than external rules and regulations.
What was the key factor in the development of the English common law?
A) the development of forensic science in helping decide cases B) the supremacy of the king and his intervening powers when deciding cases C) the use of precedence of past cases for judges to decide present similar cases D) the subjective decision making of judges when it came to similar cases