The productivity index is the ratio of ______.
a. productivity measured in a particular time period to the productivity measured in a base period
b. productivity measured in a particular firm to the productivity measured for firms in that industry
c. productivity measured in a particular country to the productivity measured for firms in other countries
d. productivity measured in one part of the supply chain to the productivity measured in other parts of the supply chain
a. productivity measured in a particular time period to the productivity measured in a base period
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Projecting sales price changes depends on factors specific to the firm and its industry that might affect demand and price elasticity. Which of the following types of companies would most likely be able to increase prices?
a. A firm in a capital intensive industry that is expected to operate near capacity for the near future. b. A firm in a capital intensive industry in which excess capacity exists. c. A firm operating in an industry that is expected to experience technological improvements in its production process. d. A firm operating in an industry that is transitioning from the high growth to the maturity phase of its life cycle.
The portion of income that people have left over after paying for necessities such as housing, utilities, food, and clothing is called ___ income.
Fill in the blank(s) with the appropriate word(s).
. Dr. G. Venkataswamy was able to treat tens of millions of patients in India through his Aravind Eye Care System by:
a. applying conventional problem-solving techniques b. seeking financial assistance from the government c. built his own manufacturing plan that used less expensive technology d. not accepting patients who couldn’t travel to his hospitals
Olaf is the creditor in a transaction with Phil. Once certain requirements are met, Olaf's rights will attach, which means that Olaf will have
A. an indivisible ownership right to Phil's property. B. an enforceable security interest in Phil's property. C. a notice affixed to Phil's property. D. the permission of a court to seize Phil's property.