Extensive media coverage refers to _____ reach with _____ frequency

a. high; high
b. high; low
c. low; high
d. low; low


b

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What did Adam Smith’s capitalism have that was lacking in the old mercantilist way of organizing the economy?

a. freedom to pursue high demand or low supply b. import quotas c. sanctioning monopolies d. regulation of tradesmen

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Allocating too little capacity results in

A) good responsiveness if demand is not satisfied or low cost if demand is filled from a distant facility. B) good responsiveness if demand is not satisfied or high cost if demand is filled from a distant facility. C) poor responsiveness if demand is not satisfied or low cost if demand is filled from a distant facility. D) poor responsiveness if demand is not satisfied or high cost if demand is filled from a distant facility.

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Charles, a 62-year-old army veteran, buys preferred stocks in companies. Although the returns on these stocks are not high, he is more than happy with his investments as they bring a steady flow of money that helps him in his sustenance. Charles's investment approach is an example of the strategy of _____.

A. buying and holding B. value investing C. investing for growth D. investing for income

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Zander, a seller in Miami, enters into a contract which states that goods are to be delivered to Xavier, a buyer, in New York. Title is to remain with Zander until delivery to Xavier. This is:

A) a shipment contract. B) an FOB Miami contract. C) a destination contract. D) a contract voidable by the buyer until delivery.

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