Which product is most likely to be produced using a continuous production process?
A) wedding cakes
B) dresses
C) coffee mugs
D) newspapers
E) nuclear power
Answer: E
Explanation: E) Nuclear power plants rarely shut down; electricity is produced pretty much continuously.
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What statement about the role of concessions is false?
A. Concessions are central to negotiations. B. Concessions is another word for adjustments in position. C. Reciprocating concessions is a haphazard process. D. Concession making exposes the concession maker to some risk.
_____ overturned the section of the Banking Act of 1933 that prohibited commercial banks from selling insurance or performing the functions of investment banks.
A. The Sarbanes–Oxley Act of 2002 B. The Securities and Exchange Act of 1934 C. The Financial Services Modernization Act of 1999 D. The Securities Act of 1933
The designated market area (DMA) of Manhattan has approximately 2 million television households. Audience research shows that 60 percent of these households had their sets turned on during a particular Saturday evening and 300,000 households were watching a baseball playoff game. The program rating for the playoff game in the Manhattan DMA is ________
A. 35. B. 25. C. 30. D. 20. E. 15.
The main difference between a final consumer and an intermediate consumer is that
A. unlike final consumers, intermediate consumers provide monetary benefits to organizations by purchasing their products. B. final consumers make more purchases than the intermediate consumers. C. the intermediate consumer purchases finished products, whereas the final consumer buys only raw materials. D. final consumers tend to have more bargaining power than intermediate consumers. E. intermediate consumers buy raw materials and sell finished products to final consumers, who use them.