What Is Most Likely the Reason That Continual Training Is

question 44

Multiple Choice

What is most likely the reason that continual training is more important in foreign markets than in domestic ones?

• A) slow adaptation of foreign markets to innovative products
• B) technological inferiority of domestic products
• C) the need to establish the superiority of domestic cultures
• D) lack of technical knowledge among expatriate salespersons
• E) lack of routine contact with the parent company

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Definitions:

GAAP

Generally Accepted Accounting Principles, a set of rules and guidelines that companies follow to ensure their financial statements are consistent and transparent.

Right of Return

A policy that allows customers to return purchased goods within a specific period for a refund, exchange, or credit.

Revenue Recognition

The accounting principle detailing the specific conditions under which revenue is recognized and recorded.

Reasonably Estimated

A concept that pertains to the feasibility of approximating a figure or amount in the absence of precise or complete information, often used in accrual accounting.