An example of organizational architecture based on production of intermediate products is when divisions are defined as
a. R&D, Engineering, Production, Marketing, Sales
b. Component 1 Plant, Component 2 Plant, Component 3 Plant, Final Assembly
c. Store 1, Store 2, Store 3, Region A, Region B, Sales Division
d. Business Customers, Educational Customers, Household Customers
b
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The two groups that benefit the most from quotas are
A) the importers who have the right to import the restricted good and the domestic producers of the restricted good. B) the domestic consumers of the restricted good and the domestic producers of the restricted good. C) the domestic consumers of the restricted good and the foreign producers of the restricted good. D) the importers who have the right to import the restricted good and the domestic consumers of the restricted good.
If a tax is progressive, then:
A. The average and marginal tax rates are always equal B. As the tax base increases, the marginal tax rate declines C. As the tax base rises, the average tax rate is greater than the marginal tax rate D. As the tax base increases, the marginal tax rate is greater than the average tax rate
To increase workers' incomes, the City of New York's government set a wage below which it is illegal for employers to pay employees. This wage is referred to as the
A) union wage. B) government wage. C) efficiency wage. D) minimum wage. E) city wage.
The fast-food industry in the U.S. consists of many firms, but despite that it can still be viewed as an oligopoly because the top few firms control a significant share of the market
Indicate whether the statement is true or false