Which of the following is a distinct type of countertrade arrangement?
A. Merger
B. Arbitrage
C. Dirty float
D. Barter
E. Deregulation
D
Business
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According to Michael Porter, one of the major forces influencing competition in an industry is the threat of ________
A) Giffen goods B) independent goods C) Veblen goods D) substitute goods
Business
If a firm with credit terms of 1/10 net 30 were to change its terms to 3/10 net 30, the result would
probably be A) increased bank loans. B) an increase in the average level of accounts receivable. C) increased accounts receivable turnover. D) a decrease in accounts payable.
Business