First-mover disadvantages refer to:

A. disadvantages associated with entering a foreign market before other international businesses.

B. costs that a late entrant to a foreign market has to bear.

C. a direct restriction on the quantity of a good that can be imported into a country.

D. imperfections in the operation of the market mechanism.

E. disadvantages experienced by being a late entrant in a foreign market.

A

Business

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What is public information about a company, good, or service appearing in the mass media as a news item?

a. publicity b. sales promotion c. mass communications d. advertising

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A $4,500 earnest money check bounces because of insufficient funds. The first thing the broker should do is:

A. notify escrow to charge this amount, plus the bounced check fee, to the buyer B. notify the borrower C. notify the principals D. write a personal check for $4,500 to cover the shortage

Business