Betamax versus VHS, Microsoft operating systems vs. open source, and HD-DVD versus Blu-ray are all examples of:

a. marketing strategy
b. economics "winners and losers" theory
c. the battle for industry standards
d. competitive design positioning
e. high-tech divide


C

Business

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Monetary policy can affect the level of output

A. only in the short run. B. only in the long run. C. in both the short run and long run. D. in neither the short run nor the long run.

Business

Which of the following show the detailed general ledger accounts that make up a financial statement category on the auditor's working trial balance?

A. Control accounts. B. Lead schedules. C. Supporting schedules. D. Account analyses.

Business

Omri worked 40 hr this week but was paid for 45 hr because that’s how long the work normally takes. Omri is paid under a ______ plan.

A. bonus B. commission C. merit pay D. standard hour

Business

Union contracts frequently specify all of the following that management obligations except:

A. discipline standards B. seniority policies C. layoff rules D. hiring standards

Business