A constraint function in a linear-programming problem might focus on:
A. fixed costs.
B. labor hours.
C. sales dollars.
D. qualitative factors.
E. variable costs.
Answer: B
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The Herfindahl-Hirschman Index (HHI) is used to
A. calculate whether or not a bank has met its reserve requirements. B. determine if a merger reduces competition in a banking market. C. measure the capital adequacy of a bank. D. find which bank has the lowest spread.
Which of the following instruments is negotiable?
A. An instrument that provides, "Payment is subject to the terms of a contract dated November 20, 2009" B. A note that contains the statement, "This note is secured by a mortgage dated July 01, 2009" C. An instrument that reads, "I promise to pay to the order of Collin Corp. $550 sixty days after the delivery of my new refrigerator" D. A note that states, "I promise to pay Vlad $800 if he repairs my car"
A seldom used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage is
A. outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, or technological superiority. B. focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche. C. striving to be the industry's low-cost provider, thereby aiming for a cost-based competitive advantage. D. developing competitively valuable resources and capabilities that rivals cannot easily match, copy, or trump with capabilities of their own. E. copying the attributes of a popular product or service.
____ language treats everyone equally, making no unwarranted assumptions about any group of people
A) Unbiased B) Descriptive C) Judgmental D) Categorical E) Stereotypical