Particularly international corporate-level strategies

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1. Kathy Knittle borrowed $20,000 from Bank to buy inventory to sell in her knit shop and signed a security agreement listing as collateral the entire present and future inventory in the shop, including proceeds from the sale of inventory. Bank filed no financing statement. A month later, Knittle borrowed $5,000 from Creditor, who was aware of Bank’s security interest. Knittle then declared bankruptcy. Who has priority, Bank or Creditor?

2. Think back to a coupon or a promotion that you either received on the back of a store receipt, in the mail or emailed to you. Identify the product or service that you purchased and describe the connection between the two.

3. What are some global environmental trends affecting the choice of international strategies, particularly international corporate-level strategies?

Reference no: EM132198827

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