With which of the following business strategies do large companies that try to take advantage of economies of scale in production often succeed?

A. low-cost
B. functional
C. differentiation
D. customer intimacy
E. niche


Answer: A

Business

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A. not counted as money because they represent borrowings and not payments. B. counted as part of M1. C. the same as stored-value cards. D. counted as part of M2, but not M1.

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Explain what measuring “locus of control” will tell an ethics trainer and why the trainer might want to explore that dimension in employees.

What will be an ideal response?

Business

The second aspect of Trompenaars's time dimension describes whether actions are sequential (linear) or _____________.

What will be an ideal response?

Business

Which of the following is the best example of a service industry that utilizes price complexity?

a. Fast food b. Education c. Cellular phone d. Moving/transportation e. Roofing

Business