Define derived demand and give an example of how demand for B2B sales is often derived from B2C sales.

What will be an ideal response?


Examples will vary, but students should explain that derived demand reflects the link between consumers' demand for a company's output and the company's purchase of necessary inputs to manufacture or assemble that particular output.

Business

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Telephone interviewing is the dominant mode of questionnaire administration in the United States and Canada

Indicate whether the statement is true or false

Business

________ discrimination occurs when an employer adopts a work rule that is neutral on its face but is shown to cause an adverse impact on a protected class.

A. Disparate-treatment B. Disparate-impact C. Favored-treatment D. Unfair-impact

Business

Which one of the following statements is TRUE?

A. A manager not closing a factory that is losing money but which is in his hometown is an example of a manager-shareholder conflict. B. Management is said to be entrenched when the senior managers are consuming excessive perquisites C. A company's matching contribution to a retirement plan is a nonpecuniary benefit. D. Company sponsorship of a local charity is an example of a nonpecuniary benefit. E. A manager/shareholder agency conflict arises when shareholders sell their stock even though management says the stock is undervalued.

Business

Which of the following is NOT a part of the principles of good regulation set forth by the World Bank?

A. Increase court involvement in business matters. B. Focus on enhancing property rights. C. Expand the use of technology. D. Make reform a continuous process.

Business