Which of the following can be deduced from the provisions in the Code of Hammurabi?
a. Unethical business practices existed many thousands of years ago.
b. Civilization in ancient Mesopotamia understood that slavery was unethical.
c. Unethical business practices appeared with the emergence of capitalism.
d. Division of labor reduced the quality of life for workers even in ancient times.
a. Unethical business practices existed many thousands of years ago.
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Millie Foods, producers of baby food, offers a monetary sum to retailers who agree to feature its new products on their shelves for a considerable time period. In this case, the promotion tool used by the company is referred to as a(n) ________
A) price pack B) rebate C) sample D) allowance E) discount
When compared to other forms of promotion, personal selling:
a. becomes more important as the number of potential customers increases. b. tends to be more effective in selling frequently purchased products. c. gives more freedom for the sales message to be customized according to the interests of the prospective customers. d. provides better prospects for the sale of simple, low-involvement products that require little thought before purchase.
The Car Service Center has the design capacity to perform an average of 60 repairs per day. The effective capacity of this repair shop is an average of 40 repairs day, while the actual repairs number an average of 36 per day. Given this information, the capacity utilization percentage is ______.
a. (36/40) * 100% b. (36/60) * 100% c. (40/60) * 100% d. ((36*40)/60) * 100%
In the context of factors of production, which of the following is a natural resource?
A. An equipment B. Land C. An investment D. Information