One professor was known for never teaching the same course the same way twice. Which difference between a product and a service does this represent? How could the professor use this to his or her advantage?

What will be an ideal response?


It represents the fact that services are heterogeneous (or variable). The professor can continually change and improve the class based on feedback from current and previous students.

Business

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Quotas are limits on the amounts of goods that can be exported

a. True b. False Indicate whether the statement is true or false

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What part of the AFI strategy framework does the question "How does the firm make money?" relate to?

A. internal analysis B. competitive advantage, firm performance, and business models C. strategic leadership and the strategy process D. external analysis

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A ________ is a telegraphic communication that, via bookkeeping entries, removes funds from the payer's bank and deposits them in an account of the payee's bank

A) direct send B) wire transfer C) depository transfer check D) preauthorized check

Business

Performance standards are often used as an assessment device in designing control programs

Indicate whether the statement is true or false.

Business