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

Business

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A) multichannel distribution system B) intermediation C) third-party logistics D) supply chain management E) vertical marketing system

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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

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_____ 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

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What are the benefits and the problems associated with telecommuting?

What will be an ideal response?

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