Heather places an order to buy 525 shares of stock. This is an order for

A) five round lots and one odd lot.
B) 21 round lots of 25.
C) one odd lot.
D) five hundred round lots and twenty-five odd lots.


Answer: A

Business

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Tires Plus is a store that specializes in auto maintenance and tires. After making sure that it is in the consumers' consideration set, Tires Plus, can ________ to increase the chances that the consumer will select its store for a visit.

A. offer free fluid checks with each oil change as a new benefit B. focus its resources by limiting itself to one advertising medium C. use a vertical marketing system D. focus only on the customers' utilitarian needs E. implement a price skimming strategy

Business

The difference between the current sales revenue and the sales at the break-even point is called the:

A) contribution margin B) margin of safety C) price factor D) operating leverage

Business

What theory holds that perceptions of inequality between one’s own access to resources and that of others in the society result in intergroup conflict, and emphasizes the emotional aspects (e.g., anger, outrage, and grievance) of oppression?

a. social identity theory b. intergroup contact theory c. equity theory *d. relative deprivation theory

Business

The most significant sourcing decision for a firm is

A) whether to locate a plant close to customers or locate a plant close to sources of raw materials or suppliers. B) whether to use highly automate processes or manual labor. C) whether to use traditional inventory methods or adopt a just in time approach to stocking. D) whether to perform a task in-house or outsource it to a third party.

Business