A rise in the price level, everything else remaining unchanged, causes short-run aggregate supply to
A. decline.
B. not change.
C. increase.
D. rise at first, then decline later.
Answer: C
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Scenario D: A global cosmetics company called Nature's Beauty is considering its corporate strategy. Several members of its board of directors believe they have the "perfect" strategy for the company. Bill believes that the best option is for Nature's Beauty to stay on its current track of offering only organic cosmetics to customers who like organic products. Chita wants the company to expand by purchasing the manufacturing plants that produce the Nature's Beauty products. Another director, Manuel, wants to build the company by adding related products, such as skin care and perfume, to be sold alongside its current products. Finally, the original owner of the company, Nuri, wants to expand the company by doing something completely new, such as building restaurants or perhaps starting an
entertainment park.Which of the following corporate strategies does Chita favor? A. concentration B. conglomerate diversification C. vertical integration D. differentiation E. lateral diversification
Efficient supply-chain management provides firms with a competitive advantage
Indicate whether the statement is true or false
Which of the following would be most useful if a firm has an immediate objective to achieve?
A) public relations activities B) sales promotions C) out-of-home media D) sponsorships E) product placement
Sanchez and his department are most likely using which of the following sales methods?
A) unified selling B) value-added selling C) transactional selling D) traditional selling E) economy selling