Incoterms are the terms agreed upon by nation states that allow for incorporation of companies as recognized globally.
Indicate whether the statement is true or false
Question 2Break-even analysis includes both cost and revenue data for an item to identify the point where revenue equals costs, and the expected profit or loss at different production volumes.
a. True
b. False
Indicate whether the statement is true or false
Question 3More congruent roles should lead to:
a. More conflict in the channel but also improved channel efficiency.
b. A higher level of power for each of the channel members.
c. More elaborate channel structures.
d. More cooperative and efficient channels.
e. A higher commonality of goals among channel members.
Question 4Companies engaging in direct exporting have their own in-house exporting expertise.
Indicate whether the statement is true or false
Question 5In choosing the right tool for the job, all of these are good advice except:
A) ask whether a free tool will suffice.
B) think about what you need to accomplish.
C) purchase a tool for the primary user, as he or she will spend most time with it.
D) investigate the tools offered by a platform.
E) all of these are good advice.
Question 6The costs of modifying the product for foreign markets are considered export-related costs.
Indicate whether the statement is true or false
Question 7How well suppliers purchase their goods and services has no direct impact on purchase price levels.
a. True
b. False
Indicate whether the statement is true or false
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