South Korea recently lifted its ban on beef and beef products imported from Canada, one that had originated because of cases of bovine spongiform encephalopathy (BSE) among Canadian cattle. The ban is an example of a(n)
A. revenue tariff.
B. boycott.
C. embargo.
D. protective tariff.
E. import quota.
C. embargo.
An embargo is a complete ban on the import or export of certain products.
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Mountain Dew is a brand known for sponsorships of adventure events such as snowboarding and skateboarding competitions. What is the most likely objective of Mountain Dew's sponsorship of these events?
A) to enhance corporate image B) to express commitment to the community or on social issues C) to entertain key clients or reward key employees D) to create perceptions of key brand image associations E) to become part of a personally relevant moment in consumers' lives
Which role would typically have the least amount of interaction with the customer?
A. support group analyst B. level one analyst C. dispatcher D. level one specialist
Cosden Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Well ServicedRevenue $4,700Employee salaries and wages$41,300 $1,000Servicing materials $600Other expenses$40,200 ?When the company prepared its planning budget at the beginning of May, it assumed that 29 wells would have been serviced. However, 31 wells were actually serviced during May.?The total expenses in the flexible budget for May would have been closest to:
A. $127,900 B. $131,100 C. $133,100 D. $124,513
What is a difficulty with using a willingness to pay assessment?
a. It is difficult to control factors that will influence consumer decisions b. It is difficult to find a method to measure the likelihood of consumers agreeing to pay a given price c. There are no difficulties with this assessment method d. Discrepancies between what people say they will do and their actual behaviour