During the holiday shopping season, many catalog retailers offer buyers price reductions, coupons, two-for-one deals, and/or free delivery. This is because these catalog retailers operate in a(n) ________ environment.
A. marginal competition
B. monopoly
C. oligopoly
D. monopolistic competition
E. pure competition
Answer: D
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Answer the following statements true (T) or false (F)
1.When one’s actions hurt us, we only experience that hurt in our minds. 2.Learning to forgive yourself is as important as learning to forgive others. 3.Men assume trust and rarely discuss it. 4.If we believe we can easily find another person to give us whatever a current partner is not providing, we are less likely to extricate ourselves from an unsatisfactory relationship and enter a new and potentially more rewarding one. 5.When online, not only do we display higher rates of trust, we also more readily share our personal information.
Which of the following best describes lapping?
a. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of funds b. inflating bank balances by transferring money among different bank accounts c. expensing an asset that has been stolen d. creating a false transaction
What is the least accurate statement about oral presentations?
A) Until you are promoted to a managerial role, you will probably not have to give presentations. B) College provides many opportunities to improve your presentation skills. C) A recent study shows that a key predictor of success and upward mobility is how much you enjoy public speaking and how effective you are at it. D) Most people have some apprehension when speaking in public.
Give an example of each of the following:
a. Unilateral mistake b. Mistake in the meaning of a contract term.