As a Guide to Adaptation,there Are Ten Basic Criteria That

question 6

Essay

As a guide to adaptation,there are ten basic criteria that all who wish to deal with individuals,firms,or authorities in foreign countries should be able to meet.List and briefly describe five of these criteria.

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Definitions:

Differential Revenue

The difference in revenue generated under two different scenarios or as a result of a specific action.

Additional Cost

Expenses incurred that are over and above the originally planned or estimated costs.

Selling Price

The amount at which a product or service is offered to customers for purchase.

Opportunity Cost

The benefit that is missed or given up when choosing one alternative over another.