Which of the Following Is NOT a Good Piece of Advice

question 11

Multiple Choice

Which of the following is NOT a good piece of advice for those who travel for business?

• A)Understand that face-to-face meetings are crucial for developing and maintaining business relationships.
• B)Technology-based meetings conducted through videoconferencing are often as effective as expensive,time-consuming domestic or business travel.
• C)Expect that business practices will vary widely from country to country,and learn to work within cultural expectations.
• D)Before traveling to another country,it is a good idea to follow the news relating to the region,and also to have at least a basic understanding of its history.
• E)Use downtime during business travel to network and make new contacts.

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Definitions:

Expense Function

A mathematical representation or formula used to calculate the total expenses incurred by a business or individual.

Demand Function

A mathematical formula representing the relationship between the quantity demanded of a good and its affecting factors such as price, income, and preferences.

Revenue

The income a business receives from selling a product.

Wholesale Price

The price that manufacturers charge the retailer.