Mary used her savings to buy gold coins while Jane bought paintings. George invested his savings in a bank while Tom bought treasury bills from the U.S. government. Who among the following is using direct finance?

A. Mary
B. Jane
C. George
D. Tom


Answer: D

Business

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Campbell is one of the oldest retailers in the country. While the service offered at Campbell is fairly mediocre, the retailer is famous for its surprise offerings of seconds, overstocks, and closeouts — occasionally including expensive gadgets and

jewelry. Posco, a new chain of retail stores, offers products that are similar to Campbell's offerings; however, Posco is known for encouraging customers to ask questions and for providing service representatives to assist customers in the purchasing decision process. From this scenario, which of the following statements is most likely true? A) Posco fails to differentiate itself from Campbell through the services mix. B) Posco's product assortment helps differentiate it from Campbell. C) Both Campbell and Posco fail to identify the needs and wants of target markets. D) Campbell has not been able to differentiate itself on the basis of product assortment. E) Posco better utilizes the services mix to differentiate itself from Campbell.

Business

Which of the following intensifies price competition?

a. Non-price-related costs of using competing alternatives are high. b. Wider distribution of competitor and or substitution offers. c. Personal relationships have been established. d. Switching costs are high. e. Customer need for time and location specificity.

Business

Preparing a rebuttal to a speaker’s criticism is an example of which barrier to listening?

A. debate B. willingness C. internal and external noise D. detouring

Business

The Civil Rights Act does not prohibit job discrimination in the hiring process

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

Business