The stage of family life cycle is usually determined by two demographic dimensions: income and number of children.

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


False

Marital status, age, and the age of any children in the family have an especially important effect on how people spend their income. Put together, these dimensions tell us about the life-cycle stage of a family.

Business

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The Supreme Court case of Marbury v. Madison established the basis for the concept of judicial review in our legal system

Indicate whether the statement is true or false

Business

The ________ organizational model is designed to enable a company to market a standardized product in the worldwide marketplace and to manufacture that product in a limited number of locations where the mix of costs and skills is most favorable.

A. international B. transnational C. multinational D. global E. decentralized

Business

How are the individual Federal Reserve Banks organized?

A) By size of financial institution members—small, medium, large, etc. B) By type of financial institution members—commercial banks, credit unions, etc. C) By geographical region—Southeast, Northeast, West, etc. D) By financial purpose—buying, lending, interest controlling, etc. E) By legislative districts—10th District of Massachusetts, 1st District of Colorado, etc.

Business

Group technology (GT) is credited with which of the following benefits?

A. Reducing waiting time between process operations B. Improved small group functioning C. Reducing required workforce skills D. Improving inventory discipline E. Improved labor relations

Business