Division of labor is also known as
a. Work specialization
b. Chain of command
c. Span of control
d. Departmentalization
a. Work specialization
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Which mode of transportation is best for carrying perishable goods to distant markets?
A) railroads B) water carriers C) trucks D) air carriers E) pipelines
A film company has a high market share in the market of children's films. However, the children's film market is a relatively stable, low growth market. This film company would be classified as a(n) ________ using the BCG matrix
A) exclamation mark B) dog C) cash cow D) star E) question mark
The contribution of M&M comes from the fact that there is a constant trade-off ratio. Which of the statements below describe this constant trade-off ratio?
A) When a firm adds more low cost debt, it automatically increases the cost of equity so that the overall cost of capital remains constant. B) When a firm adds more low cost debt, it automatically increases the cost of equity so that the overall cost of capital increases. C) When a firm adds more low cost debt, it automatically increases the cost of equity so that the overall cost of capital decreases. D) None of these
Banks providing depositors with checking accounts that enable them to pay their bills easily is known as
A) liquidity services. B) asset transformation. C) risk sharing. D) transaction costs.