The dependence effect is based on John Kenneth Galbraith's claim that consumer demand depends on what producers have to sell. In effect, advertising, by creating wants, manipulates consumers and violates their autonomy.
Answer the following statement true (T) or false (F)
True
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What distinguishes an apprenticeship from an internship?
A. An apprenticeship is an on-the-job training method, whereas an internship is a classroom-based training method. B. An apprenticeship does not provide an income, whereas an internship provides an income while learning a trade. C. An apprenticeship is sponsored by employee unions, whereas an internship is sponsored by educational institutions. D. An apprenticeship is an unstructured training method, whereas an internship is a structured training method. E. Most apprenticeship programs take place in white-collar professions, whereas most internship programs occur in blue-collar jobs.
Each of the following is a PMO competency continuum stage except
A) designated PMO. B) Center of Excellence. C) advanced PMO. D) standard PMO.
Determining the best way to raise money to fund a firm's long-term investments is called
A) the portfolio decision. B) the capital budgeting decision. C) the money flow processing decision. D) the capital structure decision.
Which of the following statements about risk-bearing financial institutions is not correct?
A) They are a good example of creating self-insurance by the customers of these institutions. B) They allow its customers to transfer their financial risks to the institution for a fee. C) They capitalize on their size to mitigate risks. D) They finance the cost of any losses by the fees they get from their customers.