The principle of ________ suggests that when things are less available, they will become more desirable and have more influence.
Fill in the blank(s) with the appropriate word(s).
scarcity
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The purpose of a training program for salespeople is to teach them about all of the following EXCEPT ________
A) customers' buying habits B) customers' buying motives C) competitor strategies D) industry history E) company goals
A supportive atmosphere fosters openness where actions and words are non-judgmental
Indicate whether the statement is true or false.
According to your text, the ultimate objective of supply chain management is
A. to make each channel as efficient as possible, thus saving the company money. B. to accurately predict production levels in order to minimize inventory carrying costs. C. to integrate the activities of related companies so they function as one extended enterprise. D. to utilize as few channel members as possible in the manufacture of the product. E. to choose intermediaries that share the same mission as the company.
According to the international Fisher Effect, if an investor purchases a five-year U.S. bond that has an annual interest rate of 5% rather than a comparable British bond that has an annual interest rate of 6%,
then the investor must be expecting the ________ to ________ at a rate of at least 1% per year over the next 5 years. A) British pound; appreciate B) British pound; revalue C) U.S. dollar; appreciate D) U.S. dollar; depreciate