Within the United States, what is the name for the power of a dollar when it is used to purchase an amount of goods and services?
A) internal purchasing power
B) external purchasing power
C) absolute purchasing power parity
D) relative purchasing power parity
Answer: A
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Thanks to the benefits of outsourcing and offshoring, manufacturing in the United States, as a percentage of GDP, has ______.
a. declined from about 30% after World War II to 10% by 2008 b. increased from about 10% after World War II to 30% by 2008 c. declined from about 65% after World War II to 45% by 2010 d. increased from about 45% after World War II to 65% by 2010
A rounded rectangle in a material flow map would best represent?
a. A machine b. A quality inspection that may result in a product being reworked c. A holding area for WIP inventory d. The end of an assembly line
To avoid charges of copyright infringement, you should A) include a footnote to all information
B) use information only from Internet sites. C) ask permission only when using information from a legal publication. D) assume that all intellectual property is copyrighted.
"Place" is NOT concerned with
A. transporting. B. channels of distribution. C. sales reps. D. intermediaries. E. storing.