Normander Corp. is a large media corporation that owns all the media outlets in Liecheben and a few news agencies internationally. Any new media company that tries to establish itself in Liecheben soon runs out of business because of the overpowering presence of Normander Corp. This scenario exemplifies _____.
A. pure competition
B. monopoly
C. monopolistic competition
D. oligopoly
Answer: B
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Investing activities include those transactions involving the purchase and sale of long-term assets, investments in debt and equity securities, and lending money and collecting the principal on the related loans
Indicate whether the statement is true or false
Suppose an investment has cash inflows of R dollars at the end of each year for two years. The present value of these cash inflows using a 12% discount rate will be:
A. sometimes greater than under a 10% discount rate and sometimes less; it depends on R. B. less than under a 10% discount rate. C. greater than under a 10% discount rate. D. equal to that under a 10% discount rate.
______ is a theory that proposes that employees are motivated when their perceived inputs equal outputs.
a. Equity theory b. Reinforcement theory c. Goal-setting theory d. Expectancy theory
Which of the following is true of mass production jobs?
A. They are repetitive. B. They require highly skilled workers C. They require thoughtful concentration. D. They do not have predetermined tools and techniques.