Entrepreneurship is typically identified with which of the following?
a. professionalism and dedication
b. risk-taking and creativity
c. impulsiveness and leadership
d. organization and sense of humor
e. boring and rich
B
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Following the September 11, 2001, terrorist attacks, the managers of many hotels expected a prolonged period of reduced travel and responded by laying off workers and postponing or canceling new construction
Isadore Sharp, the chairman and CEO of Four Seasons Hotels, decided to A) curtail expansion plans, and by significantly cutting back on expansion was able to maintain the company's market share. B) continue expanding and the company ended up losing significant market share. C) curtail expansion plans and the company ended up losing significant market share. D) continue expanding and was able to maintain or enhance the company's market share.
In the Keynesian model, which of the following will cause an increase in interest rates?
A) An increase in money demand B) An increase in money supply C) An increase in saving D) A decline in saving
The 2009 fiscal stimulus bill represented approximately
A. 5.5 percent of GDP and was designed to close the expansionary gap. B. 5.5 percent of GDP and was designed to close the recessionary gap. C. 7.8 percent of GDP and was designed to close the expansionary gap. D. 7.8 percent of GDP and was designed to close the recessionary gap.
Which of the following is an example of Walmart's "pull" factor?
A. a Super Kmart tries to go head-to-head with Walmart B. a new Starbucks locates near the Walmart C. a new Starbucks locates across town D. an IGA store tries to go head-to-head with Walmart