For a person to be "fully insured" by social security, he or she must accrue a minimum of _____ quarters of contributions.?

A) ?twenty
B) ?forty
C) ?fifty
D) ?thirty-five


B

Business

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A hug, a pat on the back, or a slap on the face is a powerful form of communication called

A) haptics B) proxemics C) oculesics D) kinesics

Business

Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position vis-à-vis Porter's five forces?

A. Supplier power is increased because suppliers will be able to charge higher prices for their inputs. B. Firms will enjoy high customer loyalty, thus experiencing less threat from substitutes than its competitors. C. It helps a firm to deal with supplier power and reduces buyer power since buyers lack comparable alternatives. D. By increasing a firm's margins, it avoids the need for a low-cost position.

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The form of competition in which there are many sellers and they each have a similar product is referred to as ________.

A. monopolistic competition B. an oligopoly C. singular competition D. pure competition E. a monopoly

Business

The average observed time for a given job is 10 minutes. The performance rating is 80%, and allowances are set by contract at 10%. What is the standard time?

A) 8.80 minutes B) 8.88 minutes C) 10.00 minutes D) 19.00 minutes E) 19.80 minutes

Business