The American economic system is best described as ________ because the government regulates business to preserve competition and protect consumers and employees.
A. Marxism
B. socialism
C. modified capitalism
D. communism
E. laissez-faire capitalism
Answer: C
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Which of the following is in place when a manufacturer makes use of more than one type of channel?
A) multichannel distribution system B) intermediation C) third-party logistics D) supply chain management E) vertical marketing system
The ________ era is a time when a company emphasizes selling because of the increased competition in the external environment.
A. demand B. marketing C. production D. supply E. sales
_____ enables users to test, analyze, and optimize their designs through computer simulations.
A. Enterprise resource planning software B. Computer-aided engineeringsoftware C. System-aided manufacturingsoftware D. Computer-integrated manufacturingsoftware
What are the benefits and the problems associated with telecommuting?
What will be an ideal response?