The Eleventh-Century Explorations and Discoveries of Leif Eriksson Were Common

question 18

True/False

The eleventh-century explorations and discoveries of Leif Eriksson were common knowledge in the European world of the fifteenth century.

Distinguish between a strategic alliance and joint venture.

Understand the complexities of pricing products in the global marketplace.

Recognize key elements of a country's infrastructure that impact international marketing efforts.

Determine appropriate global entry strategies based on business size, risk tolerance, and capital availability.

---

Definitions:

FICA Taxes

Taxes imposed by the Federal Insurance Contributions Act, which fund Social Security and Medicare services.

Union Dues

Fees paid by workers to a union for membership and representation.

State Sales Tax

A tax imposed by a state on sales of goods and services, collected by the seller and passed on to the state government.