Which of the following is most likely to be a product stocked solely by an industrial distributor?
A. Tires
B. Wind turbines
C. Roofing nails
D. Kitchen countertops
E. Office supplies
Answer: B
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Which of the following statements concerning partnerships is false?
A. A general partner's basis in a partnership includes his share of partnership debt. B. Limited partnerships must have at least one general partner. C. A properly-drafted partnership agreement is crucial. D. A partner is taxed annually on only that portion of a partnership's taxable income that is actually distributed.
Which of the following is a true statement about the steps in the market research process?
A) The research design should be determined before the problem is defined. B) The last step is to analyze and interpret the data. C) The first step is selecting a method of data collection. D) The first step is defining the research problem. E) The data must be collected before the sample can be designed.
The buddy system in a job setting refers to a pair of people
A) sharing information that could affect their careers. B) recommending each other for good assignments. C) sharing career expenses and clothing. D) ganging up to downgrade the boss.
Petra's Programming competes on cost with WonderWeb in the web design industry. Both firms operate on a 90 percent learning curve, and neither firm is capable of increasing its cumulative output any further. How might Petra's Programming achieve a cost leadership position while maintaining customer satisfaction?
A. by eliminating costly service features like 24/7 customer support B. by increasing the amount of time the company spends on each website by 25 percent without raising prices C. by reducing its client base and lowering output D. by incorporating new programming techniques to take advantage of experience curve effects