If a good or service satisfies a human need, it has
A. value.
B. focus.
C. magnitude.
D. form.
E. utility.
Answer: E
You might also like to view...
In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of ________-related currencies.
A. Task B. Position C. Inspiration D. Relationship E. Personal
Answer the following statements true (T) or false (F)
1) Fixed costs are relevant to a special pricing decision if they are subject to change as a result of the special order. 2) Assuming there are no other significant considerations, a product line with a negative contribution margin should be dropped. 3) In making product mix decisions, when fixed costs are irrelevant, a company should emphasize the product with the highest contribution margin per unit of the constraint. 4) A constraint is a factor that restricts the production or sale of a product, which varies from company to company. 5) Merchandisers are constrained by the size of their stores, and managers must choose which products to display.
When did the Industrial Revolution begin in the United States?
a. early 1700s b. late 1700s c. early 1800s d. late 1800s
A nonprofit organization depends on earned income as its only revenue source. According to Worth, this action is an example of a/an ______.
A. liability B. business risk C. spending limit D. equity concept