Prior to formulating its annual budget, the government of the Asian country of Florenesia employs a number of individuals to look into the overall productivity of the country. These individuals are also responsible for studying and revising some of the taxation policies and gauging the employment rate. Given this information, these individuals are studying _____.
A. heterodox economics
B. managerial economics
C. microeconomics
D. macroeconomics
Answer: D
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To measure the average number of days required to sell inventory, divide
a. 365 by the merchandise inventory turnover; b. average total inventory by 365; c. net sales by average total inventory; d. net sales by the merchandise inventory turnover; e. 365 by the current ratio.
What is the difference between a mass market and a market segment?
What will be an ideal response?
Research has found that when personality is aligned with the work that we do, it increases our ______.
A. motivation B. job satisfaction C. person–organization fit D. turnover intentions
Lowell is anticipating an objection from his prospect concerning the quality of the adhesives that his company sells. He plans to weave into the early part of his presentation the information about the product's recent "best buy" rating from a consumer information magazine before the prospect can bring up the quality issue. What method is he using for meeting this objection?
A. Forestalling B. Circular logic C. Postponing D. Objection procrastination E. Stalling