In environmental scanning the firm scans the world for environmental forces that might affect it.

Answer the following statement true (T) or false (F)


True

This is taken directly from the text.

Business

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Referring to Figure 5.1, suppose the Mexican government imposes an import quota equal to 2 tons of steel. If the Mexican government auctions import licenses to the highest foreign bidder, the overall welfare loss of the quota to Mexico equals

a. $200. b. $400. c. $600. d. $800.

Business

Bill contributed business realty ($375,000 FMV and $113,000 adjusted basis) to Zeta Inc. in exchange for Zeta common stock. Immediately after the exchange, Bill owned 53% of Zeta's outstanding stock. Compute gain recognized by Bill and by Zeta on this exchange.

A. Bill $0; Zeta $375,000 B. Bill $0; Zeta $0 C. Bill $262,000; Zeta $0 D. Bill $262,000; Zeta $375,000

Business

To convert a conceptual model with a maximum Multiplicities relationship of "many to many" into relationship database tables, one must:

A. Create a foreign key in one of the tables to link the two tables. B. Create a relationship table to handle the many-to-many relationship. C. Many-to-many relationship cannot be represented in Access. D. Create a relation with no attributes of its own.

Business

Describe "customer incentive to purchase" and explain how a supplier firm can take action to increase it

What will be an ideal response?

Business