________ prohibit charging more than a stated amount of interest for the use of money.
A. Wagering laws
B. Usury laws
C. Blue laws
D. Sunday laws
Answer: B
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The dairy salesperson asked the store purchasing agent, "Do you think you'll need 10 or 12 pallets of ice cream for your 'Summer Buster' sales promotion?" This is an example of a(n):
A. indirect suggestion. B. counter offer. C. manipulative suggestion. D. autosuggestion. E. empathy suggestion.
______ cultures have clearly defined roles for men and women.
A. High uncertainty avoidance B. Individualistic C. Feminine D. Masculine
Which behavioural approach to leadership argues effective leaders must score highly on both concern for production and concern for people?
a. Contingency b. Ohio State Studies c. Blake and Mouton’s Managerial Grid d. None of the above
In order to achieve a competitive advantage, the Coastal Haven Hotels, a chain of luxury beach resorts, wants to increase its market share. Which of the following strategies is most likely to do so?
A. Take advantage of economies of scale and scope by opening a chain of lower-priced economy hotels that leverage the Costal Haven brand image. B. Maintain prices but significantly increase spending on customer service and other amenities. C. Lower prices but eliminate several of the features that have come to define Coastal Haven properties for consumers, such as complimentary meals and in-room massages. D. Raise prices without increasing spending on customer service or resort features.