In a business cycle, the _____ is a period of robust economic growth and high employment.

A. expansion
B. recovery
C. disinflation
D. contraction


Answer: A

Business

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Which of the following accurately describes a product category manager?

A) A product category manager works for a company that relies solely on individual branding. B) A product category manager is responsible for moving a company's product mix from generic to branded. C) A product category manager coordinates the development of brand equity for a specific brand name. D) A product category manager is also called a sales manager. E) A product category manager coordinates the mix of product lines within a general product category and is responsible for the addition of new product lines.

Business

Persons found to have committed a tort usually must either pay a fine or serve time in prison

Indicate whether the statement is true or false

Business

Lawrence owns several apartments in a large city. The city just enacted a rent control ordinance limiting the amount of rent that can be charged with apartments. Lawrence heard that Susan, a friend of his, just graduated from law school and passed the bar. Lawrence asks Susan if there is any way he can avoid the rent control measures. What should Susan tell him?

Business

Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual results over the 4-month period were as follows: 110, 114, 119, 115. What was the MAD of the 4-month forecast?

A) 0 B) 5 C) 7 D) 108 E) None of the above

Business