From the Following List, Identify the Item That Is Least

question 48

Multiple Choice

From the following list, identify the item that is least likely to be considered a pure service.

• A)market research
• B)security and protection services
• C)after-sales equipment repair and maintenance
• D)insurance
• E)consulting

Understand the concept of globalization and its impact on economic practices and policies.

Identify and analyze the role of transnational corporations in the global economy.

Recognize the significance and consequences of cultural globalization, including concepts like cultural imperialism and Americanization.

Grasp the dynamics of globalization in relation to labor, including the feminization of migration and the informal economy.

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Definitions:

Terms 2/15

A payment term indicating that a buyer can take a 2% discount on the invoice amount if the payment is made within 15 days of the invoice date.

Net 45

This payment term requires the buyer to pay the total net amount due within 45 days after the invoice date or goods receipt.

Income From Operations

Earnings derived from a company's primary business activities before taxes and extraordinary items.

Periodic Inventory System

An accounting method where inventory is updated in the accounting records periodically, often used by smaller businesses due to its simplicity.