A hair salon designed to appeal to children does not use the standard salon furniture. Instead, children sit on carousel horses to get their haircuts. Large TV monitors strategically located throughout the salon show kid-targeted videos and cartoons are there to entertain the children. The child-friendly hair salon's servicescape serves in what two capacities?
A. A socializer and as a facilitator
B. A boundary spanner and as a differentiator
C. A differentiator and as a facilitator
D. A package and as a facilitator
E. A facilitator and as a boundary spanner
Answer: C
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Which of the following statements is true about market metrics?
A) They involve using uniform benchmarks across all industries. B) They provide qualitative data, and not quantitative data. C) They always express the measurements as pie charts. D) They measure market conditions and a business's performance in that market. E) They are more advanced product-market metrics for companies that are dealing with pricing issues.
Which of the following forecasting methods uses certain macroeconomics variables to forecast changes in the economy, based on the fact that changes in these variables occur before changes in the economy?
A) correlation analysis B) exponential smoothing C) leading indicators D) regression analysis
Discuss the theory of absolute advantage and how it explains the basis for trade between nations.
What will be an ideal response?
Which of the following is a correct statement regarding financing of the LLC?
A) Members' contributions to the LLC must be in the form of money. B) Members' contributions to the LLC must be in the form of contracts for services. C) Members' contributions to the LLC cannot be in the form of intangible property. D) Members' contributions to the LLC can be in the form of promissory notes.