A critical success factor at Stage 1 of location decisions is ______.

A. proximity to raw materials
B. transportation costs
C. space to expand
D. proximity to markets


B. transportation costs

Business

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It is believed that the initiatives of business to expose students to the concepts and expressions of the socialization of capitalism will:

A) rapidly change social demands on the non-profit sector business environment B) change the ways students think about the relationships between business and society C) generate a higher level of media scrutiny in academia D) result in higher levels of funding for post-secondary institutions E) be ineffective in meaningfully alter student's behaviour

Business

Which of the following types of competition is based on products that have similar features and provide the same basic function?

A) product class or product category B) product form C) generic D) budget

Business

An infinite population has a mean of 40 and a standard deviation of 15 . A sample of size 100 is taken at random from this population. The standard error of the sample mean equals:

a. 15 c. 15/100 b. 15/?100 d. None of these choices.

Business

The Pareto principle is best applied to which of the following inventory systems?

A. EOQ B. Fixed-time-period C. Single-period ordering system D. Fixed-order quantity E. ABC classification

Business