The Pure Drug Company produces insulin, a product with a very stable demand. Even though the price changed several times in the past two years, the demand for Pure Drug's insulin remained relatively unaffected
In this instance, the demand for insulin is representative of ________ demand.
A) latent
B) negative
C) inelastic
D) derived
E) composite
C
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Term spread is the interest rate on a long-term debt security ________ the interest rate on a short-term debt security.
A. minus B. plus C. times D. divided by
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call with the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state.To use questions effectively in his approach, Austin needs to:
A. create reciprocity. B. steer clear of any preconceived answers. C. agree to everything the prospect says. D. remove all distractions from the immediate environment. E. anticipate the answers of the questions.
Corporate strategy asks, ______.
a. Which industries should we enter? b. What products should we offer? c. At what price should we sell these products? d. In which markets should we advertise?
Which of the following is NOT a reason that a route sheet is an excellent communication tool?
a. It enables anyone to see when a work order was generated. b. It reveals who worked on a work order. c. It shows the status of the work order. d. It shows the profit margin on the order.