With Respect to a Global Approach to Investment Planning,which One

question 29

Multiple Choice

With respect to a global approach to investment planning,which one of the following modes of entry is the most recent?

• A)franchising
• B)acquisition of a state-owned enterprise
• C)licensing
• D)exporting

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Definitions:

Net Markups

The amount by which the selling price of an item exceeds its cost, after accounting for discounts, allowances, and returns.

Net Markdowns

The total reduction in selling price of inventory, subtracting markdown reversals, to adjust for decrease in market value or to stimulate sales.

Employee Discounts

Reduced prices offered to employees by their employer as a part of their employment benefits or incentives.

Periodic Inventory System

An inventory accounting system where updates to inventory records are made on a periodic basis, not continuously.