what is one benefit of globalization and international trade?\na. reducing the variety of products\nb…

what is one benefit of globalization and international trade?\na. reducing the variety of products\nb. increased economic disparity\nc. decreased market access\nd. increased consumer choice\n\nquestion 7 (1 point)\nwhat is the sales process?\na. managing customer relationships\nb. closing deals\nc. systematic approach to convert potential customers.\nd. analyzing customer data\n\nquestion 8 (1 point)\nwhat is accounting?\na. the process of recording, summarizing, analyzing, and interpreting financial transactions\nb. the measurement, disclosure, and communication of financial information\nc. the systematic process of interpreting financial events\nd. the management of a companys financial resources

what is one benefit of globalization and international trade?\na. reducing the variety of products\nb. increased economic disparity\nc. decreased market access\nd. increased consumer choice\n\nquestion 7 (1 point)\nwhat is the sales process?\na. managing customer relationships\nb. closing deals\nc. systematic approach to convert potential customers.\nd. analyzing customer data\n\nquestion 8 (1 point)\nwhat is accounting?\na. the process of recording, summarizing, analyzing, and interpreting financial transactions\nb. the measurement, disclosure, and communication of financial information\nc. the systematic process of interpreting financial events\nd. the management of a companys financial resources

Answer

Brief Explanations:

  • For the first question, globalization and international trade allow for more products from different regions to enter the market, thus increasing consumer choice. Options A, B, and C are negative aspects and not benefits.
  • For the second question, the sales process is a systematic way to turn potential customers into actual buyers. Managing customer - relationships is part of customer - relationship management, closing deals is the end - result of the sales process, and analyzing customer data is a support activity.
  • For the third question, accounting involves recording, summarizing, analyzing, and interpreting financial transactions as well as measuring, disclosing, and communicating financial information. Option A is a comprehensive description of accounting activities. Option B is also correct but less comprehensive than A. Option C is too narrow, and option D refers more to financial management.

Answer:

Question 1: D. Increased consumer choice Question 2: C. Systematic approach to convert potential customers Question 3: A. The process of recording, summarizing, analyzing, and interpreting financial transactions