What are the two levels of strategic alternatives that a firm must consider when competing internationally?
What will be an ideal response?
The first level, global strategic alternatives, determines what overall approach to the global marketplace a firm wishes to take. The second level, entry strategy alternatives, applies to firms of any size; these alternatives determine what specific entry strategy is appropriate for each country in which the firm plans to operate.
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The accounts receivable turnover rate:
A. Indicates how many times the receivables were converted into cash during the year. B. Is computed by dividing average receivables by sales. C. Indicates the average number of days a business waits to make collection on a credit sale. D. Indicates the proportion of a company's accounts receivable that the independent auditors were unable to confirm.
Lucy McCoy purchased an item costing $16 in a state having a sales tax of 5%. Compute the amount of change she received from a $20 bill