A single integrated collection of data stored in one place that is used by employees throughout the organization is called a/an:
a. data collection
b. database
c. data center
d. management data center
e. information center
b. database
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A company produces 1,000 packages of chicken feed per month
The sales price is $6 per pack. Variable cost is $1.50 per unit, and fixed costs are $1,600 per month. Management is considering adding a vitamin supplement to improve the value of the product. The variable cost will increase from $1.50 to $2.50 per unit, but there will be no change in fixed costs. The company will price the new product at $4.50 to compete with other products. How will this affect operating income? A) Operating income will decrease by $2,500 per month. B) Operating income will increase by $2,500 per month. C) Operating income will decrease by $1,600 per month. D) Operating income will remain unchanged.
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt's investment firm. Unknown to Mona, Newt realizes ongoing commissions from the investment. Most likely, Mona may
a. notrescind the contract. b. rescind the contract on the basis of undue influence. c. rescind the contract on the basis of mistake. d. rescind the contract on the basis of unconscionability.
When Honda experienced declining sales as a result of quality and safety issues, it began offering buyer incentives to new-car buyers. Nearly immediately, Ford and General Motors began similar promotions. These businesses
A. represent an oligopoly in which there are few sellers, and each seller has considerable control over price. B. represent a monopoly in which only one firm supplies a product or products. C. are engaging in monopolistic competition in which there are many buyers as well as a relatively large number of sellers that differentiate their products from those of competitors. D. are engaging in pure competition, in which no single seller is powerful enough to affect prices. E. are engaging in monopolistic competition, in which the products are very similar.
Hazardous wastes are stored until disposal or treatment at:
a. neutralizing facilities b. transformation facilities c. treatment facilities d. disposal facilities e. none of the other choices are correct