Over the past decade, the number of new car sales are down and the number of new car leases are up. What is probably the main reason why this is true?

A) The salesman makes a higher commission when cars are leased.
B) The manufacturers prefer it when people lease instead of purchase.
C) New cars are getting so expensive that the average person can't afford to buy them.
D) Both A and B are correct.


Answer: C

Business

You might also like to view...

Virtually every company should have a "service department."

Indicate whether the statement is true or false

Business

A vice-president of an American software company introduced himself to a group of Korean partners and added "you may just call me John"

Although this verbal cue shows the underlying reality that Americans have a high value on informality and equality, it needs adaptation due to the reason that: A) John is not a very popular name in Korea. B) it is difficult to translate John in Korean language. C) customs, hierarchies, and class structure of Korean culture have to be respected. D) Korean culture requires that first and last name be used in addressing guests. E) it is not appropriate to disclose nicknames in business meetings.

Business

As a conformist is very loyal to a leader, a leader might mistakenly think that a conformist is ______.

a. not very effective b. highly effective c. disengaged d. alienated

Business

When a company calculates its product unit cost using estimated costs, it is using which cost measurement method?

a. Standard costing b. Actual costing c. Full costing d. Normal costing

Business