At the beginning of May, Chanda paid $100 for her standard weekly grocery order. At the beginning of June, the same order cost $175. What would be the cause for this change?
A) inflation
B) economic stability
C) hyperinflation
D) deflation
E) disinflation
Answer: C
Explanation: C) Hyperinflation is defined as a monthly inflation rate of at least 50 percent.
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An interest-beating note is a loan in which the lender deducts interest from the amount loaned before the money isadvanced to the borrower
a. True b. False Indicate whether the statement is true or false
Echo Air Company (EAC)Echo Air Co. is a well-known establishment in the airline business. It is currently one of the top firms in the industry. The company prides itself on good customer service and being concerned with the broader societal good. EAC management is not only concerned with doing things right, but also with doing the right things. Many of their decisions reflect this philosophy. Initially, the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAC management. As a result, the company made sure its employees knew the firm's guidelines on fixing ethical issues. EAC also developed a code of conduct based on standards that continue to be upheld within the company. Since the code of conduct has been put in place,
there have been fewer ethical violations.Although employee salaries at EAC are not as high as those at competing firms, the company experiences very low employee turnover. The firm has created a corporate culture that not only makes its employees want to stay, but that also results in higher profits. If EAC can maintain the relationship it has built with its employees and customers, it will have little difficulty keeping up its remarkable success. ? Refer to Echo Air Company. To fix the ethical issue problems, EAC management should have implemented all of the following guidelines for making ethical decisions except which one? A. Listen and learn. B. Identify the ethical issue. C. Create and analyze options. D. Create an industry benchmark. E. Explain your decision and resolve any differences that arise.
According to the criterion of _____ a selected segment must be large enough to warrant developing and maintaining a special marketing mix. Serving the specific needs of this segment must be commercially viable, even if the number of potential customers is small.
A. causality B. accountability C. responsiveness D. accessibility E. substantiality
In what way has the Internet made cost competitiveness a more important consideration for businesses?
A. Retailers have more shipping options than before. B. Consumers can more easily compare prices online. C. Consumers have more information about production processes. D. Producers have more information about what competitors are doing. E. Advertising has become less effective because of online ads.