The depth of a product mix is measured by the average number of
A. convenience products as compared with the number of specialty products.
B. different product lines offered by the company.
C. different products offered in each product line.
D. specialty products as compared with the number of convenience products.
E. product features that the company offers.
Answer: C
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Using video and audio links along with computers to allow people at different locations to see, hear, and talk with each other is called
A. telecommuting. B. collaborative computing. C. videoconferencing. D. telecollaborating. E. using the extranet.
A financial intermediary
A. is a government-owned acceptor of deposits. B. pools the funds of many people. C. speculates in the stock market. D. advances loans but does not accept deposits.
Which of the following is most likely a strategy for self-improvement?
A) comparing your performance to others B) setting specific goals for yourself C) focusing on your obstacles D) clarifying your mistakes E) demanding help from others
Two divisions of Central Company (Divisions X and Y) have the same profit margins. Division X's investment turnover is larger than that of Division Y (1.2 to 1.0). Income from operations for Division X is $50,000, and income from operations for Division Y is $38,000. Division X has a higher return on investment than Division Y by:
A) using income from operations as a performance measure B) comparing income from operations C) applying a negotiated price measure D) using its assets more efficiently in generating sales