Which of the following is an accurate overall label for the terms postulates and principles?
a. Constraints
b. Concepts
c. Axioms
d. Conventions
ANSWER: B
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A marketing manager for a textbook publisher meets with a group of several students who are paid to discuss what they like and dislike about their textbooks. What is this method of data collection called?
A. focus groups B. experiments C. direct observation D. surveys
Supply chain and location decisions sometimes backfire because of all of the following except ______.
a. cultural issues b. transportation issues c. the potential loss of proprietary technology d. location decisions are sequential and made in three stages
Liquidity ratios indicate a company's
A) ability to pay short-term debts. B) ability to generate a financial return on sales. C) relative amounts of funds supplied by creditors. D) ability to meet its long-term financial obligations. E) profitability and leverage ratios.
Which of the following statements about risk-bearing financial institutions is not correct?
A) They are a good example of creating self-insurance by the customers of these institutions. B) They allow its customers to transfer their financial risks to the institution for a fee. C) They capitalize on their size to mitigate risks. D) They finance the cost of any losses by the fees they get from their customers.