Sentoria is an island nation in the Pacific Ocean. Its geographical location is advantageous since it has access to a variety of aquatic life forms and also a number of freshwater sources that provide for fisheries
The lack of arable land drives local demand for seafood. The competition in the domestic fishing industry is fierce and enables Sentoria to be one of the major exporters of seafood. Which of the following theories of international trade best explains Sentoria's dominance as an exporter of seafood?
A. New trade theory
B. Product life-cycle theory
C. Mercantilism
D. Heckscher-Ohlin theory
E. Theory of national competitive advantage
E
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Which of the following is a written document or professional presentation that outlines how a company's product will meet or exceed the client's needs?
a. a customer profile b. a needs assessment c. a sales proposal d. a qualifying document
If a company has numerous and complex products, it can adopt a product sales force structure in which the sales force specializes along product lines
Indicate whether the statement is true or false