Shelton Elementary School only needs its gymnasium from Monday through Friday. On the weekends it rents the facilities to an Upward Bound basketball program sponsored by a local church. By renting its facilities, the elementary school is:
A. Creating optimal supply
B. Adjusting capacity to match demand
C. Optimizing its demand pattern
D. Outsourcing
E. Smoothing peaks and valleys of demand
Answer: B
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Which of the following is described as a system where customers send their checks directly to a post office box that belongs to a bank?
A) an encryption system B) an imprest system C) a lock-box system D) a firewall system
Reich (1991) identifies a broad range of globalized occupations and professions that he refers to as symbolic analysts. According to Reich, what does symbolic analysis entail?
a. It involves manipulating symbols to solve, identify and broker problems b. It simplifies reality into abstract images by rearranging, juggling, experimenting, communicating, and transforming symbols c. It involves transforming images through analytical tools such as mathematical algorithms, legal arguments, financial analysis, scientific principles, and psychological insights that persuade, amuse, induce, deduce, and address conceptual puzzles d. All of the above
A new holistic approach in new commercial product development efforts where the cross-functional team collaborating to develop a new product is compared to rugby, where the whole team tries to go the distance as a unit is known as
A. Specific project management. B. Functional teams. C. Traditional project management. D. Scrum. E. Prioritized WBS.
What type of salesperson generates sales by promoting the firm and encouraging demand for its goods and services, but does not actually take orders for the product?
A. channel sales representatives B. missionary salespeople C. key-account sellers D. consultative sellers E. route salespeople