What is liability of foreignness?
What will be an ideal response?
Liability of foreignness reflects the informational, political, and cultural disadvantages that foreign firms face when competing against local firms in the host market.
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Which of the following is a difference between direct retailing and direct marketing?
a. Direct retailing shoppers are less bound by traditional shopping situations, while direct marketing shoppers are bound by traditional shopping situations. b. Direct retailing employs inbound telephone contacts to sell directly to consumers, while direct marketing employs outbound telephone contacts to sell to consumers. c. Direct retailing allows customers to shop over the Internet, while direct marketing does not allow customers to shop over the Internet. d. Direct retailing representatives sell products door-to-door, while direct marketing allows consumers to shop from home.
What is the buyer broker's responsibility for square footage measurements provided by a listing broker?
a. disclose that square footage will be determined by the appraisal b. point out any obvious mismeasurement by others c. measure the property on behalf of the buyer d. complete a list of all the sources of measurement