________ is the acceptance by key stakeholders that you are a genuine business that will still be in operation next year.

A. Generalizability
B. Legitimacy
C. Efficiency
D. Applicability


Answer: B

Business

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Forester, a jewelry store, has developed a sustainable competitive advantage. Which of the following characteristics of Forester is most likely to be the reason for this advantage?

A. Repeat purchases from a vendor due to limited alternatives B. More merchandise C. Knowledgeable and helpful salespeople D. Higher advertising budgets E. Automated warehouses

Business

Lusk Corporation produces and sells 10,000 units of Product X each month. The selling price of Product X is $40 per unit, and variable expenses are $32 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $70,000 of the $120,000 in monthly fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

A. ($40,000) B. $30,000 C. ($30,000) D. $40,000

Business

Under the dimensions of observation, what is meant by event?

a. the physical things that are present at the time of the behavior b. the product or service being observed c. a particular span of time d. a set of related activities that people carry out

Business

A coach who recruits a basketball player who has superb shooting skills but lacks ball-handling and defensive skills is employing a __________ selection decision model.

A. multiple hurdle B. compensatory C. multiple cut-off D. clinical

Business