Answer:
Option e: Increased opportunities for growth
Explanation:
Global trade is simply the exchange of goods between different countries.Trade is an exchange of items between people or countries.Countries are able to obtain goods they need from other countries.
four major risks in international business includes Country risk, commercial risk, cross-cultural risk, and currency risk.
Increased opportunities for growth is not an effect of risk in global trade.
Answer:
D. $0.7572–$0.7641
Explanation:
The forward BID rate is the rate at which the buyer is willing to buy or perform a transaction while the ASK rate is at which the seller is willing to sell at.
They are calculated by Adding or Subtracting the Basis Point(BPS).
Here BPS = 0.12% AND 0.16%.
Forward bid rate =$0.7560 + 0.0012 = $0.7572
Forward ask rate= $0.7625 +0.0016 = $0.7641.
Answer:
Inside sales representative.
Explanation:
A sales representative can be described as an individual that is responsible for selling goods and services to the customers.
A sales representative should be able to carry out the following functions:
1) He/she should be able to properly explain the different features of a product inorder to increase the brand loyalty.
2) The sales rep should be able to quickly respond to the different enquires that customers have about the product.
3) He/she must be able to carry out online transactions.
An inside sales representative is one who works inside the office, this type of sales rep do not transact business directly with the customers instead transaction is carried out through phone calls, email, skype.
Answer:
c) whether the product is available when the customer wants it.
Explanation:
Inventory management refers to maintaining adequate levels of products with the goal of keeping the costs low. However, how the inventory is managed has an important effect in customer service because you need to have a good level of inventory that allows you to keep the customer happy by having the products available when they want them.
Answer:
Explanation:
The nature of perfect competition is that there exist a large number of firms in an industry. However their products are identical from one seller to another, and sellers are referred to as price takers.
Perfect competition refers to a
situation whereby there are many sellers in the firm, and the entering and exiting of the firm is easy and accessible.
In the perfect competitive firm, the firms in the competitive market has no control in changing the supply and demand of the market.
Perfectly competitive firm can be described as price taker, i.e it must accept the equilibrium price at which it sells it's goods.
The effects of new entrants into a perfectly competitive market on existing firms that have profits in the short run will shift the demand curve of each individual downward, this will now makes the price to fall, and also the average revenue and marginal revenue curve. In addition the productivity of firms in the market will be proportional to their optimal level of production.
