_____ is characterized by a ______ number of players acting in relatively predictable and coordinated ways to supply products and services.
a. Oligopoly/limited
b. Free market economy/limited
c. Duopoly/large
d. Free market economy/huge
a. Oligopoly/limited
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Which of the following is TRUE of the acid-test ratio?
A) It measures a company's ability to pay its current liabilities. B) It measures the ability of the company to earn net income. C) It measures a company's ability to meet its short-term obligations with cash and cash equivalents. D) It indicates how much cash could be realized by selling the inventory.
The best way to evaluate your finished written message is by ________
A) determining the readability level B) running it through a grammar/style checker program C) receiving feedback D) asking someone to proofread it for you
Linear programming problems can model decreasing marginal returns
Indicate whether this statement is true or false.
Which of the following is FALSE concerning enterprise resource planning (ERP)?
A) It attempts to automate and integrate the majority of business processes. B) It shares common data and practices across the enterprise. C) It is inexpensive to implement. D) It provides and accesses information in a real-time environment. E) ERP software promises reduced transaction costs.