According to the book, individuals and families have unique management styles or characteristic ways of making decisions and acting, which of the following is not one of the main factors influencing management styles:
a. History
b. Biology
c. Culture
d. Politics
D, pages 15
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Which of the following is NOT a direct indicator of a society's well-being?
a. Changes in average height b. Changes in life expectancy c. Changes in average weight d. Stock of nuclear weapons
The joining of the eastern and western sections of nation's first transcontinental railroad was commemorated with the driving of the last spike on May 10, 1869:
a. in Salt Lake City. b. in Washington, D.C. c. at Promontory Point. d. on the rim of the Grand Canyon.
A "search good" is:
a. One that depends on how the product behaves over time b. A product whose quality is only found out over time by finding how durable it is c. Like a peach that can be examined for flaws d. Like a used car, since it is easy to determine its inherent quality e. None of the above
Which of the following is an example of a barrier to entry?
(A) Government deregulation (B) Low start-up costs (C) Perfect competition (D) High start-up costs