Services are produced and consumed at the same time and cannot be detached from their provider. This characteristic of service is called ________.
A. reliability
B. variability
C. intangibility
D. inseparability
E. perishability
Answer: D
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______ was created in the 1960s through a series of policies at the presidential and legislative levels. Except in a few circumstances, it does not have the effect of law.
A. Diversity B. EEO C. Affirmative action D. Civil rights
What are the main advantages of volume-based allocation methods compared to activity-based costing?
A. Volume-based methods are easier to use and less costly to implement and maintain. B. Volume-based methods are less accurate and easier to use. C. Volume-based methods are more accurate and allowed by GAAP. D. There are no advantages to using volume-based methods. E. Volume-based methods are harder to use and more costly to implement and maintain.
Which of the following is a strict liability offence?
A) conversion B) assault C) battery D) libel E) passing-off
Franco wants to start a business in his home city of Madrid, Spain. He does not have an existing firm or a product, and he doesn't have a lot of capital, but since he loves Five Guys food, he decides to
A. directly invest in Five Guys. B. form a strategic alliance with Five Guys. C. form a joint venture with Five Guys. D. export Five Guys products to other countries. E. open a Five Guys franchise.