Marcy Link took out a loan for $9,100 at the Eastern Trust Bank for 160 days. The bank uses the ordinary interest method for calculating interest. What rate of interest was charged if the amount of interest was $521.73? (Round to the nearest tenth of a percent)

12.9%

Business

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Which of the following is the focus of push marketing at the introduction stage of the product

life cycle? A) familiarization of consumers with product functionality B) payment of a minimal fee to retailers to include the product in their store C) exhibition of product superiority over competitors' offerings D) product demonstration by company representatives at retailer stores

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How can a cross-border contractual relationship help focal firms with public relations issues?

A) Domestic complaints against the MNE can be minimized. B) The fair hiring practices of the MNE can be emphasized. C) The local partner can protect the MNE from criticism. D) The local media can contact the local managers.

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