____ is the ratio of revenues to profits.
a. Profit
b. Profit margin
c. Cost structure
d. Cost margin
Answer: b. Profit margin
Business
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Identify a benefit of using a joint venture to enter a foreign market
A) It entails minimum risk. B) It provides access to an established distribution network in the host country. C) It yields the highest returns. D) It retains full control of its investment in the host country. E) It is the best strategy for countries with psychic proximity.
Business
While answering a complaint, a defendant cannot assert affirmative defenses
Indicate whether the statement is true or false
Business