By 2017, advertising spending in the United States was over ________ billion.

A. $100
B. $50
C. $500
D. $350
E. $200


Answer: E

Business

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A large and well-known corporation wants to acquire a plot of ground for a new plant. To avoid the extra cost, the corporation purchases the land through several agents, each purporting to be buying personally. In such cases, the corporation is a(n) ________.

A. disclosed principal B. subagent C. undisclosed principal D. partially disclosed principal

Business

Inventory Control Corporation (ICC) hires Jim, a minor, to create customized software for ICC's clients. Jim signs a contract that requires him to work for ICC for eighteen months. Before beginning work, Jim tells ICC that he will not work for ICC but is going to work for Kwik Kounts, Inc., an ICC competitor. Is ICC's contract with Jim enforceable? Why or why not?

What will be an ideal response?

Business

Scarlett applied for a job as personal shopper in a boutique for exclusive menswear. The boutique rejected her application since the job also required assisting male customers in the fitting rooms which was a business necessity and was inappropriate for a female employee. In this case, the department is justified under:? A) ?public policy exception

B) ?bona fide occupational qualification. C) ?employment-at-will. D) ?gender stereotyping.

Business

_____ is defined as the present value of all costs associated with a product, service, or capital equipment that are incurred over its expected life

a. Cash flow analysis b. Total cost of ownership c. Make-buy analysis d. Revenue pricing e. Competition pricing

Business