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In Yemen,consumer products are primarily distributed via small,often mobil retail kiosks situated in a local souk,or town marketplace.Residential luxuries such as refrigerators are not as readily available,so food and other items are purchased on a daily basis.This scenario speaks to the dimensions of _______________ and ______________ which must be considered when establishing a foreign market distribution strategy.
U.S. GAAP
United States Generally Accepted Accounting Principles, a set of rules and guidelines meant to ensure financial reporting consistency and transparency.
Geographic Segment
A part of a business that operates in a specific geographical area that is significant enough to require separate financial reporting.
U.S. GAAP
Short for United States Generally Accepted Accounting Principles, it represents the framework and specific rules for financial accounting and reporting in the U.S.
Gross Profit
The difference between revenue and the cost of goods sold, representing the amount before operating expenses, interest, and taxes are deducted.
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