Low level of service often results in ______.

a. higher customer satisfaction
b. longer waiting lines
c. lower waiting time cost
d. higher capacity-related costs


b. longer waiting lines

Business

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Zing is a soft drink which is available everywhere, including gas stations, department stores, and vending machines. Zing is an example of a(n) _____

a. unsought product b. specialty product c. convenience product d. shopping product

Business

Where was Enron incorporated?

a. Houston, Texas b. Oregon c. Delaware d. New York

Business

The leading piece of theoretical research in corporate finance is Myers and Majluf (1984)

They showed that when there is information asymmetry between the market and managers, a pecking order emerges in terms of how the firm should obtain funds for capital investments. Specifically, a firm would prefer to use: a. debt, then retained earnings, and finally outside equity. b. retained earnings, then debt, and finally outside equity. c. retained earnings, then outside equity, and finally debt. d. debt, then outside equity, and finally retained earnings.

Business

The Clean Air Act established specific procedures for:

a. the construction of new automobile engines b. the use of energy sources by utility companies c. filing public nuisance actions against large polluters d. monitoring emissions from federal government operations e. none of the other choices

Business