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Unformatted text preview: remind people about a product. 3. Discuss challenges in developing distribution channels in foreign markets. 4. Discuss four major elements of culture and how they impact marketing abroad. Language- what language do they speak and understand, if they can't understand the product, then they can't use it Religion- what people believe determines what people buy. Communication- what are the ways they communicate and what is proper Education- what is their education level 5. Identify and explain the key components of a balance sheet. Assets = liabilities + owners equity Assets are the things that the company owns Liabilities are what the company owes Owners equity are the claims the owners have against the assets...
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This note was uploaded on 09/23/2011 for the course BUS 1100 taught by Professor Lorencz during the Fall '09 term at Oakland CC.
- Fall '09