The relative cost of a product in different countries refers to ______.

a. purchasing power
b. balance of trade
c. standard of living
d. exchange rate


a. purchasing power

Business

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If ease of locating items is critical, a(n) ________ arrangement is most appropriate

A) numerical B) current ranking C) alphabetical D) random E) catalogued

Business

Assume a survey asks teens: "How many 20 oz. sports drinks do you drink in a week?" If you wanted to compare the answers you would test for the difference between two:

A) averages B) percentages C) metrics D) brands of sports drinks E) hypothesized values

Business

The overall objective of Phase II in the supply chain design and facility location process includes all of the following except ______.

A. the regions where the facilities will be located B. the availability of the necessary infrastructure C. the role each facility would play in meeting the market requirements D. the number of facilities needed for the supply chain

Business

When specialized journals are used, the general journal is not necessary

Indicate whether the statement is true or false

Business