Which of the following are two of the methods by which people "know" things?

A. method of education and method of authority
B. method of authority and method of economics
C. method of economics and method of education
D. method of intuition and method of education
E. method of experience and method of intuition


Answer: E

Business

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Which one of the following is a financing activity of a business?

a. Paying for purchases of inventory b. Issuing stock for cash c. Paying salaries d. Purchasing a manufacturing plant

Business

Which of the following stages in the new product development would a firm engage in immediately after the completion of concept testing?

A) idea screening B) marketing strategy development C) business analysis D) product development E) idea generation

Business

Briefly discuss Sherif’s (1966) classic study of boys at summer camp, in terms of findings and implications for understanding competition.

What will be an ideal response?

Business

Good teams within organizations can consist of how many people?

a. Two b. Five c. Eleven d. Fifty-three

Business