Which of the following products is most likely to undergo alpha and beta testing?
A) food products
B) industrial goods
C) consumer products
D) commodities
E) FMCG products
B
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Extel Inc., a home appliance manufacturer, uses sales representatives to sell its products to wholesalers and individual customers. This is an example of ________
A) sales promotion B) personal selling C) public relations D) direct marketing E) advertising
IMXP Corp. enters into a 30-day forward exchange contract to buy 113,540,000 yen for $100,000
Which of the following statements is true concerning this transaction? A) IMXP will receive 113,540,000 yen today and pay $100,000 30 days from now. B) The spot exchange rate in 30 days will be 113.54 yen per dollar. C) IMXP will pay $100,000 today and receive 113,540,000 yen 30 days from now. D) IMXP will pay $100,000 and receive 113,540,000 yen 30 days from now.