Typically, increasing interest rates
A) discourages individuals from saving.
B) discourages corporate investments.
C) encourages corporate expansion.
D) encourages corporate borrowing.
E) none of the above.
B
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A new task purchasing decision involves:
A) re-ordering from the same vendor B) ordering new materials from the same vendor C) requesting bids from multiple vendors since the contractual period with the current vendor has expired D) buying an expensive good or service for the first time
A firm's skunk works department would most likely be located ________
A) in a central part of the firm's main office building B) in the most productive section of the company C) away from the firm's traditional offices D) at the headquarters of the firm's largest customer E) as close as possible to the firm's communication specialists
War, inflation, and the condition of the foreign markets are all examples of ________.
A) business specific risk B) nondiversifiable risk C) internal risk D) unsystematic risk
Under the concept of the diffusion of innovation, consumers who have a fear of debt and depend on neighbors and friends as their information sources are called ________ product adopters.
A. laggards B. early adopters C. late majority D. innovators E. early majority