____ 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