A subsidy is a tax designed to help companies who import products

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: Subsidies are government aid to domestic industries to help them compete with imported products.

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A product consists of five parts. The reliabilities of these parts are 0.98, 0.28, 0.99, 0.99, and 0.99. Calculate and indicate product reliability.

A. 0.27% B. 0.32% C. 0.43% D. 0.21%

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The salesperson who asks the prospect, "Are you dissatisfied with how frequently you have to charge your rechargeable batteries?" is:

A. at the implication stage of the SPIN approach. B. remembering the KISS. C. at the need-payoff stage of the SPIN approach. D. using probes. E. beginning the implementation of the FAB approach.

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Answer the following statements true (T) or false (F)

From the perspective of the critical industrial relations school of thought, U.S. unions offer a model that should be imitated by other unions because it holds long term potential for eliminating class divisions. According to the critical industrial relations school, the most successful labor unions are those that take a very pragmatic, business-like approach to bargaining for better wages, hours and working conditions. The term "socialist" has been used widely in the mainstream press lately. Socialism describes a movement that would encourage and utilize revolution as a way to replace capitalism with worker control. The declining unionization rates and increasing income inequality in the U.S. closely exemplifies predictions of the critical industrial relations school of thought. If you believe that labor cannot be treated like other commodities but that there is no inherent conflict of interest between capital owners and laborers, your beliefs are most consistent with the human resources school of thought.

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