External economies of scale can occur when

a. an industry's firms become more dispersed.
b. there is a decrease in specialized workers.
c. firms seek out consultants for technical knowledge.
d. knowledge of production technology spreads through direct contacts.


d. knowledge of production technology spreads through direct contacts.

Business

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In many organizations ______________________________ do the actual buying

Fill in the blank(s) with correct word

Business

The accounts receivable turnover ratio is used to evaluate how well a company does in collecting its accounts receivable

a. True b. False Indicate whether the statement is true or false

Business

The most productive number of calls to make on an account is reached when additional calls do not lead to additional sales.

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

Business

If the cost-of-living index is used as a salary determinant, the purchasing power of employees is essentially maintained

Indicate whether the statement is true or false.

Business