<span>The scope of legal, regulatory and ethical requirements in a business consists of a range of procedures, actions and processes, which are designed to work within laws and regulations including ethical standards. These procedures are applicable to sales and marketing and the company has to ensure that these requirements are clearly understood and are up to date and truthful.</span>
Answer:
A. Is the same as convergence of accounting standards
Explanation:
Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.
The notion of harmonization can be replaced by the concept of convergence.
Harmonization of international accounting standards is an imposition of standards by economically superior countries.
Goods made domestically and than sent to other countries and sold are called exports
The correct answer is A) Have more debt than they can pay because there are laws, generally by the state, that limit when people can file for bankruptcy. You are not allowed to file for bankruptcy unless you are unable to afford your debts. Choices B, C, and D, along with being illegal, are also unethical, especially in terms of business.
There are relatively few customers in the B2B market because there are just a few construction or mining companies compared to 70 million households in the U.S. consumer market.
<h3>
What is the B2B market?</h3>
- Business-to-business (B2B) transactions occur when one company conducts a commercial transaction with another.
- Business-to-business is sometimes contrasted with business-to-consumer (B2C).
- In B2B commerce, the parties to the relationship frequently have comparable negotiating power, and even when they do not, each party typically involves professional staff and legal counsel in the negotiation of terms, whereas, in B2C, the economic implications of information asymmetry shape the relationship to a far greater extent.
- Customers in the B2B sector are minimal because there are few construction or mining enterprises compared to 70 million households in the US consumer market.
Therefore, there are relatively few customers in the B2B market because there are just a few construction or mining companies compared to 70 million households in the U.S. consumer market.
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The correct question is given below:
There are relatively few customers in the B2B market because there are just a few construction or mining companies compared to 70 million households in the U.S. _____ market