Conducting business on a global scale is a part of GLOBALIZATION.
Globalization is a process of interaction of individuals, companies, and government all over the globe for the purpose of conducting business relations with the help of information technology.
Answer: Action learning
Explanation:
From the question, we are informed that Keith and his team, employees of an online retailing company, are being trained on cyber surveillance and user security and as part of their training, they are working to identify a solution to the problem of cyber-phishing and data breaches.
The method used is action learning. This means that the group will get an actual problem, solve it, plan and the results will be shown to the team and the organization.
Answer: The income elasticity of demand most likely to be negative for "B. Used clothing".
Explanation: The income elasticity of demand measures the proportion of the increase in consumption of a product resulting from a proportional change in income. Therefore, if a person has an increase in their income, they will probably buy new (unused) clothing, so the income elasticity of demand is negative.
People pay sales income tax.
Explanation:
Sales income tax can be computed in various methods.
Sales income is the revenue derived from the sales of goods and services. This is made most of the time through Value Added Tax System VAT.
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