One of the Highest Profile Companies,PepsiCo,which Has Done Business in the Soviet

question 12

Multiple Choice

One of the highest profile companies,PepsiCo,which has done business in the Soviet and post-Soviet market for decades,has used this form of countertrade:

• A)switch trading.
• B)barter.
• C)offset.
• D)compensation trading.
• E)counterpurchase.

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Definitions:

Garnishments

A legal process whereby a creditor can collect what a debtor owes by requiring a third party to turn over the debtor’s property or wages.

Creditors

Individuals or institutions that lend money or extend credit and are owed repayment by debtors.

Involuntary Bankruptcy

A legal proceeding initiated by creditors against a debtor who fails to pay owed amounts, forcing the debtor into bankruptcy to satisfy debts.

Creditors

Individuals or organizations to whom money is owed by debtors.