Hundreds of millions of consumers around the world have the purchasing power to afford higher quality products. This consumer group, known as the ________, tend to buy affordable cars rather than luxury cars

A) plutonomy
B) taste culture
C) leisure class
D) mass class


D

Business

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"Organized retail" is a term used to describe:

A) modern chain stores. B) grocery stores. C) local retail chains. D) supermarkets. E) hypermarkets.

Business

When Natasha took over as facilities manager for Burlington Furniture Manufacturing, she was shocked to see the factory was still heated with a coal-fired boiler. She made an immediate decision to upgrade the heating system to something more efficient and began to research available options. For Natasha and Burlington Furniture, this represented a(n) ________ situation.

A. modified rebuy B. straight rebuy C. adapted buy D. new buy E. generic buy

Business

Mary Barra, CEO of General Motors, has asked you to evaluate the financial resource fit of its new autonomous (self-driving) vehicle and electric vehicle (EV) divisions. You would advise CEO Barra that a diversified company's business units exhibit good financial resource fit when

A. GM has the resources to adequately support the requirements of its new divisions as a group without spreading itself too thin because these new divisions have the potential to add to GM's overall strengths. B. each new division produces large internal cash flows over and above what is needed to build and maintain the business. C. the resource requirements of each new division exactly match the company's available resources. D. both new divisions are sufficiently profitable to generate an attractive return on invested capital. E. both new divisions present a cash drain on the legacy car and truck divisions of GM and should be managed more cost-effectively.

Business

Juan has a strong g factor. He is therefore likely to perform well

A) mostly on tasks requiring numerical reasoning. B) mostly on tasks requiring good verbal ability. C) in a variety of tasks that do not call for much mental problem solving. D) in a variety of mental tasks.

Business