The measure of the output of goods and services relative to the input of labor, capital, and equipment is known as:
A. resources.
B. quality enhancement.
C. productivity.
D. profits.
Answer: C
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Assume that a particular city in a country accounts for 10 percent of its population. Assume next that that city accounts for 6 percent of the sales of a product. What is the Category Development Index (CDI) of the product?
A) 20 B) 50 C) 60 D) 80
______ is the ability to seize opportunities to apply creative skills in the workplace.
A. Emotional intelligence B. Reversed innovation C. Practiced creativity D. Self-leadership
Power Company sells merchandise with a one year warranty. In 2009, sales consisted of 1,600 units. It is estimated that warranty repairs will average $10 per unit sold, and 30% of the repairs will be made in 2009 and 70% in 2010. In the 2009 income statement, Power should show warranty expense of
A) $4,800 B) $11,200 C) $16,000 D) $0
Which of the following is the BEST introduction of a product or service in a sales message?
a. Feel the warmth of the sun and the rush of the wind as you cruise through town in your new Trinity convertible. b. This is your year to buy a new car, and we can help. c. Wow...do we have the car for you! d. The Trinity convertible has the power and style that few others can offer.