Market research should focus on finding out how a potential customer can be changed into an actual customer

Indicate whether the statement is true or false


TRUE

Business

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Efficiency wage theory says that sometimes high wages may:

A. increase efficiency if they reduce "shirking" B. increase efficiency if they increase turnover C. increase efficiency if they reduce worker effort D. lower labour costs if they attract low-quality applicants E. lower labour costs if they increase the need to supervise employees

Business

Which of the following is a key ‘contingency’?

a. Size b. Technology c. Environment d. All of the above

Business

Which of the following is a true statement about independent contractors?

A) The principal asserts substantial control over the independent contractor. B) The principal-independent contractor relationship doesn't involve exchange of money. C) The principal asserts little control over the independent contractor. D) The principal is liable for the torts of his or her independent contractors.

Business

The life cycle of a plant asset includes: acquisition, usage, and disposal.

Indicate whether the statement is true or false.

Business