It was during the market-oriented era that firms first discovered "marketing." In what timeframe did this occur?

A. shortly before the Great Depression
B. during the civil rights movement
C. during the Roaring Twenties
D. around the turn of the 20th century
E. just after World War II


Answer: E

Business

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Indicate whether the statement is true or false.

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Calculating the present value of a future amount is called

A) interpolating. B) discounting. C) compounding. D) regression analysis.

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In years past, Belgium, a participant of the former EMS, and South Africa operated a two-tier, or dual, exchange rate market. The two-tier market was abolished in March 1990 in Belgium and in March 1995 in South Africa

Import and export transactions were handled on the official market, and capital transactions were handled on the financial market, where the "financial" exchange rate was freely floating. Discuss why such a system may prevent speculators from profiting when betting on devaluation.

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Timchak Corporation reports that at an activity level of 9,900 units, its total variable cost is $919,116 and its total fixed cost is $259,974. What would be the total cost, both fixed and variable, at an activity level of 10,100 units? Assume that this level of activity is within the relevant range.

A. $1,179,090 B. $1,197,658 C. $1,191,000 D. $1,202,910

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