The data from product market competitors are likely to receive greater weight when:

A. employee skills are not specific to the product market
B. labour costs are a small share of total costs
C. the supply of labour is not responsive to changes in pay
D. the level of skill needed to perform the job is high
E. product demand is not related to price changes


Answer: C

Business

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The United States argues that Airbus receives government subsidies in Europe, which place them at a disadvantage. Which of the following statements reflects a common oppositional European trade view?

a. “All of our industries receive tax support from the government, not just Airbus.” b. “Without subsidies, Airbus will cooperate with Russia to build airplanes.” c. “Although indirect, Boeing also receives subsidies from the United States government.” d. “If we do not offer subsidies for European-made planes, production will shift to East Asia.”

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What are emoticons used for? When are emoticons appropriate, and when are they not?

What will be an ideal response?

Business

Which of the following statements about marketing is TRUE?

A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firm's intangible assets. D) It is not needed in an Internet-fueled environment. E) It is seldom used by nonprofit organizations.

Business

The communication process is incomplete without a response

Indicate whether the statement is true or false

Business