Concerns regarding roads, electricity, banking facilities, communication, and educational systems have to do with a country's:
A. political climate.
B. balance of payments.
C. economics.
D. infrastructure.
Answer: D
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The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America. This tax is a type of
A. embargo. B. tariff. C. import quota. D. predatory selling. E. boycott.
Which of the following is true of a conventional distribution channel?
A) It has each channel member acting as a separate business unit trying to maximize its own profits. B) It consists of producers selling their products directly to customers without the use of intermediaries. C) It has one channel member owning the other channel members. D) It is a distribution channel where a producer is owner of all the other channel members. E) It has all members of the channel working together as a single organization.
Of the statements below, which one best applies to magazines?
A) Magazines are moving heavily toward digital layout and delivery. B) On-demand printing has steadily increased magazine readership. C) They are no longer an important medium among public relations professionals. D) Studies have shown that readers no longer have specialized interests.
When a bottleneck occurs between two products, the company must determine the contribution margin for each product and manufacture the product that has the highest contribution margin per bottleneck hour
Indicate whether the statement is true or false