An example of a command economy is
A. capitalism.
B. laissez-faire.
C. oligopoly.
D. communism.
E. mixed economy.
Answer: D
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Which of the following is characteristic of the memorized sales presentation?
A. Perceived as high pressure selling B. Requires prior contact with buyer C. Opens with questions to prospect D. Lacks structure and organization E. Used for multi-day presentations
Broadly defined, research is a means of ________
A) setting campaign objectives B) defining problems and evaluating solutions C) selecting optimal benchmarks D) measuring the activities of public relations practitioners
When the selling division in an internal transfer has unsatisfied demand from outside customers for the product that is being transferred, then the lowest acceptable transfer price as far as the selling division is concerned is:
A. the full absorption cost of producing a unit of product. B. variable cost of producing a unit of product. C. all the costs of producing a unit of product. D. the amount that the purchasing division would have to pay an outside seller to acquire a similar product for its use. E. the market price charged to outside customers.
Which of the following organizations was responsible for putting forth the UN Convention for the International Sale of Goods (CISG) and the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention)?
a. the World Bank b. the UN Commission on International Trade Law c. the International Monetary Fund d. the World Intellectual Property Organization