Answer:
The correct answer is: Foreign Direct Investment.
Explanation:
Foreign Direct Investment or FDI is a key component in global economic integration. FDI is a form of cross-border investment to establish lasting interest that a resident enterprise based in one country may have in an enterprise operating in another country. FDI can be achieved by one of two strategies: greenfield investment (setting up new factories and plants from the ground) or brownfield (acquiring existing enterprises in the country of interest).
Answer:
True
Explanation:
An auction is defined as a public sale of properties that considers bids from prospective buyers.
The highest bidder eventually makes the purchase.
The auctioneer calls for bids and when there is an unchallenged bid he pounds the gavel to indicate the item has been sold.
The auctioneer is the seller himself of am agent representing him.
At the start of the auction the seller sets a minimum price before bidding commences
Answer:
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
Explanation:
Given in this case, Maxwell is applying "Universal Commercial Code (UCC)" division 2 provision, which defines all the goods and services.
A movable property, which can be sold from seller to the buyer at certain prices are called goods. Therefore, in this case, "Raw Cream" comes in the definition of goods, as it is directly sold to Maxwell by the grocery shop.
Maxwell will win this case, as per division 2 of UCC, seller bears the cost for loss under implied warranty of fitness, if the goods do not meet the ordinary purpose or is inefficient.
A 30 percent reduction in product and service variety will affect the efficiency of a supply chain. In this question, the given statement is false.
If we reduce the 30 percent in the variety of product and service will affect the efficiency of a supply chain. Reducing variety in products and services is prominent means of increasing the efficiency of the supply chain.
As given in the question that if there is some percentage of reduction in product and services variety then it will not affect the supply chain efficiency. This is false. Because reducing the variety ultimately increase the efficiency of the supply chain and its related processes.
Variety Reduction:
When you reduce the different available number of solutions to meet the same need is referred as variety reduction. In the supply chain, when reducing the different products and services that fulfill the same need will affect the efficiency of the supply chain.
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