Approximately how much must Tiffany invest today to accumulate $10,000 in ten years if she can earn 10% compounded annually? (Round to the nearest whole dollar)
A) $4,225
B) $3,753
C) $5,349
D) $3,855
E) $2,973
D
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Which of the following is true with regard to price?
A) Historically, price has had the least perceptible impact on buyer choice. B) Price is the least flexible element in the marketing mix. C) Unlike product features and channel commitments, prices cannot be changed quickly. D) Price is the sum of all the values that customers give up to gain the benefits of having a product. E) Prices only have an indirect impact on a firm's bottom line.
A born global firm is defined as which of the following?
A) an initiator of an international business transaction B) a specialist firm that provides marketing services C) a business with special expertise in customs and banking D) a company that moves into international markets early in its existence