________ is a term that describes an organization that uses knowledge as a basis for competitive advantage.

A. Cottage industry
B. Customer-focused organization
C. Service industry
D. Learning organization


Answer: D

Business

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Identify the phenomenon in which the conventional functional relationship assumed is that unit costs are a decreasing function of accumulated experience, or production volume

A) the regression curve B) the experience curve C) the Chasm model D) Parfitt-Collins model

Business

Your professor shows you a computer model of a protein and asks you to identify the structural level. It appears to consist of only one polypeptide chain and has a globular shape. What is your determination?

A. The protein has secondary structure. B. This is not a picture of a protein. C. The protein has primary structure. D. The protein has quaternary structure. E. The protein has tertiary structure.

Business

Kaeser Corporation's most recent balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets:      Current assets:        Cash and cash equivalents$44 $36   Accounts receivable 54  60   Inventory 32  37 Total current assets 130  133 Property, plant, and equipment 527  460   Less accumulated depreciation 339  289 Net property, plant, and equipment 188  171 Total assets$ 318 $ 304 Liabilities and stockholders' equity:      Current liabilities:        Accounts payable$46 $41   Accrued liabilities 20  17   Income taxes payable 26  29 Total current liabilities 92  87 Bonds payable 145  180 Total liabilities 237  267 Stockholders' equity:        Common stock 31  30  

Retained earnings 50  7 Total stockholders' equity 81  37 Total liabilities and stockholders' equity$ 318 $ 304 The company's net income for the year was $52 and it did not sell or retire any property, plant, and equipment during the year. Cash dividends were $9. The net cash provided by (used in) investing activities for the year was: A. ($17) B. $67 C. ($67) D. $17

Business

Channel control is lowest for manufacturers/service sponsors in _____

a. a fully integrated vertical system b. an independent vertical marketing system c. product/trademark franchising d. business format franchising

Business