A ____________ is a new type of corporation that addresses issues related to financial, social, and environmental objectives.
a. Customer corporation
b. Stakeholder corporation
c. Benefit corporation
d. Management corporation
c. Benefit corporation
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A convenience store ________
A) markets to segments comprised mostly of white-collar workers B) stocks narrow product lines that have wide, deep assortments C) carries a limited line of high-turnover goods for consumer self-service D) involves high operation costs due to full-service customer assistance E) is a multi-channel food and discount retailer that targets niche markets
When faced with a customer who has a problem:
a. look at the customer and frown. b. restate the problem to make sure that you understand it correctly. c. tell the customer you don't work in that department. d. None of the answers are correct.
The term ________ has traditionally been applied to the transferring of business functions or processes to other, often foreign, companies.
Fill in the blank(s) with the appropriate word(s).
On a graph where the horizontal axis represents quantity sold and the vertical axis represents selling price, the basic demand curve in a competitive market can be graphed:
A. as a downward sloping line to the right. B. in the same manner as the total revenue curve. C. as a horizontal line. D. as an upward sloping line to the right. E. as a vertical line.