ccording to the revised value chain model, what is the right order for the following item: 1. Procure materials and products 2. Manage selling and fulfillment 3. Market products 4. Market Research 5. New product development.

A. 12345
B. 54321
C. 45312
D. 25431
E. 54231


C. 45312

Business

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Referring to Table 2.1, the opportunity cost of producing one bottle of wine in the United States is

a. 3 yards of cloth. b. 4 yards of cloth. c. 5 yards of cloth. d. 10 yards of cloth.

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General Motors has several foreign subsidiaries, and is committed to international business. General Motors operates as a ______________________________.

Fill in the blank(s) with the appropriate word(s).

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The AFL and the CIO merged in 1955 because:

A. The AFL finally agreed that industrial unionism was the most appropriate model for representing workers. B. The two unions were expending considerable resources raiding each other for members. C. They needed to band together to compete with the Teamsters Union. D. The CIO finally agreed that craft unionism was the most appropriate model.

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Which of the following health care organizations must follow standards established by the Governmental Accounting Standards Board (GASB)?

A. Private not-for-profit hospitals. B. Government owed hospitals. C. Both of the above. D. Neither of the above.

Business