Everything else remaining unchanged, a decrease in the supply of security A and an increase in the demand for security B will cause the price of security A to ____ and the price of security B to ____.
A. fall; fall
B. fall; rise
C. rise; fall
D. rise; rise
Answer: D
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Chelsea was at the front desk of the Royal Palms Hotel, where she was asked at the end of her stay if her experience was enjoyable. She then complained about the bathroom not being quite up to standard as she walked in. However, when she complained the agent just dismissed her complaint and said, I’m sorry, we will look into that. This is an example of a poor response using ______ justice.
a. equitable b. distributive c. procedural d. interactional
All of the following are the most important traits professional buyers find in their top salespeople EXCEPT:
A. willingness to find out the prices of the competition. B. willingness to go to bat for the buyer within the supplier's firm. C. preparation of sales calls. D. thoroughness and follow-through after the sale. E. knowledge of the firm's product line.
To fend off a competitive attack, defensive-minded companies
A. avoid giving suppliers volume discounts or providing them with better financing terms from the strategic response in order to maintain current profitability levels. B. avoid competitor's clients since their loyalty will not allow them to switch. C. void all lengthy warranties to save money. D. use innovation and intellectual property protection to obtain product line exclusivity to force competitors to use other distributors. E. remain steadfast to current product features and models to ensure resources are not diverted toward unproductive efforts.
A(n) _____ contains the logical structure for the information contained within a database.
Fill in the blank(s) with the appropriate word(s).