Which type of product will a consumer look for without regard to time, money, or effort?

A. Convenience product
B. Comparison product
C. Impulse product
D. Specialty product
E. Time-crunch product


Answer: D

Business

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Cost slope can be determined by dividing the

A. Indirect cost by direct cost. B. Rise by the run. C. Crash cost by the normal cost. D. Run by the rise. E. Normal cost by the crash cost.

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“That part of an individual’s self-concept which derives from his knowledge of his membership of a social group (or groups) together with the value and emotional significance attached to that membership” defines

a. individual identity b. relational identity c. social identity d. organizational identity

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Indra Nooyi, Chair and Chief Executive Officer, PepsiCo, has been called the most powerful woman in business. She

a. demonstrates that she is as tough as a man by acting aggressively, smoking cigars, and driving fast cars b. is not afraid to use reward power to control others c. leads through trust and the power of purpose d. all of the above

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Leona enters into a contract with Munchie Bakery to cater a sales conference. When the conference is postponed indefinitely, Leona asks a court to cancel the contract. This request involves

A. an equitable remedy. B. an unenforceable demand. C. a remedy at law. D. a type of harm.

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