Privatization has provided many opportunities for foreign firms to enter transition economies by ________
A) initiating joint ventures with local businesses
B) purchasing former state enterprises
C) exporting products with a high mark-up price
D) exporting products of inferior quality
B
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Which type of retailer typically carries deep product assortments of narrow product lines?
A) self-service retailers B) specialty stores C) warehouse clubs D) discount stores E) factory outlets
A seasonal index for a monthly series is about to be calculated on the basis of three years' accumulation of data. The three previous July values were 110, 150, and 130. The average demand over all months during the three-year time period was 190
What is the approximate seasonal index for July? A) 0.487 B) 0.684 C) 1.462 D) 2.053 E) cannot be calculated with the information given