When a bank certifies a check, the amount involved in the certification will be debited in the depositor's account until payment of the certified check

Indicate whether the statement is true or false


True

Business

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In Michael Porter's model, "buyers" refers to manufacturers (e.g., GM) and retailers (e.g. Walmart), rather than consumers

Indicate whether the statement is true or false

Business

Lists the main components of a computer.

What will be an ideal response?

Business

Economies of scale occur when ______.

a. production is greater than demand b. not enough is demanded at a given price c. the cost per unit of output decreases as the volume of output increases d. the total cost declines as the volume of output increases

Business

The main goal of the global product development process is to:

A. come up with a single standard product or product line suitable for all global markets B. expand the number of different new-product offerings so that individual country needs are more likely to be met C. develop every product for potential worldwide distribution and adaptation to other countries D. come up with new-product ideas in the United States and use global markets as test markets E. repeat the steps in the process with marketing teams in each and every foreign country targeted

Business