Because of Environmental and Technological Changes Taking Place in the Twenty-First

question 37

Multiple Choice

Because of environmental and technological changes taking place in the twenty-first century

• A) companies are cutting back on the pursuit of international opportunities.
• B) international strategies are doubling in volume and dollar value ever three years.
• C) international strategies are becoming more widespread.
• D) governments across the globe are pushing for higher tariffs.

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Definitions:

Fixed Overhead

The total of all costs that remain constant regardless of the level of production or business activity.

Sales Budget

A detailed forecast of an organization's sales revenue, including units sold and revenue expected for a particular period.

Unit Sales

The total quantity of items sold by a business within a specific period.

Cash Sales

Transactions in which goods or services are paid for at the time of sale with cash or its equivalent, without credit.