Sam loves shopping. She frequently goes window shopping in the city. During times of need, she visits the nearest supermarket even though she loathes going there. Which of the following is most likely to be the reason why Sam shops in the supermarket?

A. Brand image
B. Location
C. Customer service
D. Price
E. Unique merchandise


Answer: B

Business

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According to real business cycle (RBC) theory, the main source of the business cycle is

A. changes in the amount of money in the economy. B. waves of optimism and pessimism that cause business investment in capital goods to fluctuate. C. changes in the prices of oil and other resources. D. changes in productivity.

Business

Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's total variable manufacturing costs. Which type of cost is considered relevant to Outdoor Living's decision of whether to accept or reject the special order?

A. Salary of the production manager B. Depreciation on equipment that would be used to make the hammocks C. Raw materials to make the 500 hammocks D. Company president's salary

Business

Which of the following is NOT a variable a leader must consider before selecting a style on the leadership continuum?

a. leader’s preferred style b. employees’ preferred style c. the desired outcome d. the situation

Business

Research suggests that organizations are most likely to move from using prescriptive analytics to descriptive analytics.

Answer the following statement true (T) or false (F)

Business