Which of the following statements about the development of the U.S. economy is accurate?
a. Westward expansion thinned out the population and caused a temporary economic
stagnation.
b. Westward expansion broke down the integrated businesses and brought more
competition.
c. Economic growth resulted in the fall of chartered organizations and increased the
power of banks.
d. The Industrial Revolution brought about an economic boom in the United States.
d. The Industrial Revolution brought about an economic boom in the United States.
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A(n) _____ is an organization whose management agrees to test the new system for several months and provide feedback.
Fill in the blank(s) with the appropriate word(s).
What is the correct formula to calculate the contribution margin ratio?
a. (Sales ? Variable costs) / Sales b. Difference in total cost / Difference in production c. (Fixed costs + Target profit) / Unit contribution margin d. Fixed costs / Unit contribution margin
A(n) ________ represents all organizations involved in providing a firm, the members of its channels of distribution, and its end-user consumers and business users.
A. indirect channel B. value chain C. virtual channel D. supply chain E. direct channel
Typically, which generation was born between the 1980s and 1990s, tends to avoid jobs for life preferring to move around, and are technologically savvy?
a. Generation Y b. Baby Boomers c. Generation X d. Naughties