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If a US-Based Firm Wanted to Attract E-Commerce or Social Media Customers

question 30

Multiple Choice

If a U.S.-based firm wanted to attract e-commerce or social media customers from Europe,what could be done to encourage sales?

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Definitions:

Flexible Policy

A strategy that allows for adaptability and change in response to different situations or conditions.

Restrictive Policy

A financial or operational strategy that limits certain actions to control risk or enhance stability within a company or economy.

Operating Cycle

The operating cycle is the time period it takes for a company to purchase inventory, sell it, and convert the sale into cash.

Cash Cycles

The amount of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.

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