Which of the following is NOT true about retailing in different nations?
A. Cultural differences influence preferences for online shopping.
B. New retailing ideas rarely spread to other countries.
C. Retailers in slow-growth developing countries have looked abroad for growth.
D. Mass-merchandising requires mass markets.
E. Less-developed countries often don't have the income to support mass distribution retailers.
Answer: B
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Aunt Ellie promises her 21-year-old nephew, Robbie, that she will pay him $100 if he quits smoking for a month. If Robbie does, is there a binding contract?
a. No, because Robbie gave no benefit to Aunt Ellie. b. No, because Robbie did not suffer any detriment. c. Yes, because stopping smoking will benefit Robbie's health. d. Yes, because Robbie gave up a legal right.
For critical path activities, slack is equal to ________
Fill in the blank(s) with the appropriate word(s).
One Key Business Rule emphasizes mastering the competitive environment to stay ahead of rivals. Which of the following is NOT a core area of focus for business managers following this rule?
A) being responsive to customers B) achieving innovation in products and services C) striving for employee efficiency D) remaining compliant with government regulations E) continually improving products and services
Which of the following assumptions does Groh make?
A) Inflation can outpace any interest rate. B) Given enough time, any stock will eventually go up in value. C) The riskier the investment, the more value it will have over a long period of time. D) The more stocks invested in, the higher their value will be. E) The stock market overall will experience net growth over time.