________ directs an economy's flow of goods and services from producers to consumers in a way that effectively matches supply and demand and accomplishes the society's objectives.

A. Micro-marketing
B. The transporting function
C. Standardization and grading
D. Social responsibility
E. Macro-marketing


Answer: E

Business

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An overstatement of beginning inventory results in

a. no effect on the period's gross margin. b. an overstatement of gross margin. c. an understatement of gross margin. d. a need to adjust purchases.

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The U.S. Securities and Exchange Commission has designated just nine credit-rating agencies as "nationally recognized statistical rating organizations" (NRSROs), which include Moody's, Standard & Poor's, and Fitch Ratings. These agencies provide opinions on the creditworthiness of other entities and the financial obligations issued by them. Because so few companies can compete in it, the credit-rating industry would be considered a(n)

A. monopolistic competition. B. monopoly. C. mega monopoly. D. pure competition. E. oligopoly.

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A multiphase queuing system is one in which service is received from more than one station, one after the other

Indicate whether the statement is true or false

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Selection of a source of short-term financing should include all of the following EXCEPT

A) the effect of the use of credit from a particular source on the cost and availability of other sources of credit. B) the effective cost of credit. C) the floatation costs for debentures. D) the availability of financing in the amount and for the time needed. SAY. Write your answer in the space provided or on a separate sheet of paper.

Business