Carrefour has been more successful than Walmart in Europe, whereas Walmart has been more successful than Carrefour in the United States. What is the most likely reason for these results?

A) first-mover advantages
B) nationalistic preferences of consumers
C) lack of knowing how to adapt products
D) increased exporting fees and transportation costs

A

Business

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Jonathon's family makes a point to sit down to dinner together every night. This is an example of folkways, which are characterized as:

a) abstract ideas about what a group believes to be a good, right, and desirable b) a group of people who share a common set of values and norms c) norms that are central to the functioning of society and to its social life d) the routine conventions of everyday life

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A partial loss is known in the marine insurance industry as a particular average

Indicate whether the statement is true or false

Business