InterComp Normally Sells $50,000 Worth of Software to Power Source

question 11

Multiple Choice

InterComp normally sells $50,000 worth of software to Power Source, a retail elec?tronics store, each summer on terms requiring payment in sixty days. One year, InterComp wants cash, but Power Source wants the usual sixty days. To meet both needs, the parties can arrange

• A) a certificate of deposit.
• B) a bearer bond.
• C) a trade acceptance.
• D) an international letter of credit.

Comprehend the strategies for market penetration, product development, and diversification for growth.

Recognize the importance of place and value delivery in making products accessible to customers.

Understand the economic environments where businesses apply the BCG matrix for strategic planning.

Comprehend the concept and strategic implications of market growth strategies including market penetration, product development, market development, and diversification.