Which of the following is NOT true of the NAFTA partners in 2014?
a. They had a combined trade of $1.2 trillion.
b. They represented a larger trading bloc than the 27-member European Union.
c. They decided to merge with the United Nations.
d. They decided to be governed by the ISO.
b. They represented a larger trading bloc than the 27-member European Union.
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Which ethical principle asks you to assume that virtually all tangible and intangible objects are owned by someone else unless there is a specific declaration otherwise?
A. the Golden Rule B. the Slippery Slope C. the Social Contract Rule D. No Free Lunch
Which of the following statements is true of a guaranty contract?
A) The guaranty contract is between the guarantor and the debtor. B) A guaranty contract need not be in writing. C) The guarantor's liability is secondary. D) The original contract is between the creditor and the guarantor.
Airlines overfill customers beyond their seating capacity in order to compensate for customers who cancel their booking. This technique is an illustration of which of the following yield management strategies?
A. overbooking B. adjusting prices to augment demand C. annualized hours strategy D. using different fare classes to partition demand
The activities a firm undertakes to create a certain perception of its product in the eyes of the target market are referred to as
A. positioning. B. targeting. C. leveraging. D. labeling. E. zoning.