Which of the following reflects the percentage of the labor force currently without work?
A) economic contraction
B) economic fluctuation
C) deflation
D) monopolistic competition
E) unemployment rate
Answer: E
Explanation: The unemployment rate indicates the percentage of the labor force currently without employment. The labor force consists of people ages 16 and older who are either working or looking for jobs.
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Which of the following statements is true about a jury selection service?
A) A mock jury sits in the courtroom during the trial and provides direct feedback to lawyers. B) Lawyers practice their arguments in front of a shadow jury before presenting the case to the actual jury. C) A shadow jury's verdict helps lawyers decide whether to try to settle or wait for the actual verdict. D) Mock juries are banned in most states.
Katie wants to be successful in her selling career, so she strives to improve her ________ knowledge by working on her sales abilities and understanding different selling techniques.
A. customer-related B. selling-related C. industry D. technical E. market-related
Which of the following is not included in the computation of the quick ratio?
A. Accounts receivable B. Marketable securities C. Cash D. Prepaid expenses
Sales quotas, operating budgets, and production schedules are examples of traditional controls.
Answer the following statement true (T) or false (F)