The generation of children born between 1977 and 1994 is sometimes referred to as
A. the lost generation.
B. the millennials.
C. the baby boomerang.
D. baby busters.
E. echo busters.
Answer: B
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Which of the following strategy tools suggests that an organization will do better in fast-growing markets in which it has a high market share rather than in slow-growing markets in which it has a low market share?
A. SWOT analysis B. Porter's model for industry analysis C. Porter's competitive strategies D. The BCG matrix E. Trend analysis
A channel system that provides a wide range of products required in order to achieve the desired level of customer appeal is satisfying the product performance factor of ________
A) quality B) assortment C) form D) delivery E) after-sale service
When refusing an applicant's direct request for a recommendation, which of the following is the best format?
A) The message should be detailed and indirect. B) The message should imply the refusal, suggest an alternative and use a polite close. C) The message should directly state the refusal, suggest an alternative and use a close that encourages questions if necessary. D) The message should be brief and direct. E) The message should be brief and indirectly imply the refusal.
Advantage, Inc., a tennis equipment manufacturer, has variable costs of $0.60 per unit of product. In August, the volume of production was 27,000 units, and units sold were 21,800. The total production costs incurred were $30,600. What are the fixed costs per month?
A) $14,400 B) $17,520 C) $3600 D) $16,200