Advertising appropriations are largest for which type of product?

A. Business products
B. Convenience goods
C. Shopping products
D. Specialty goods
E. Infrequently purchased goods


Answer: B

Business

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As a human resource manager, Mitchell is examining all the procedures that have been adopted over the years and have become “the way we do things around here.” Many of these procedures were adopted to make the workplace more efficient, but Mitchell wants to check on whether that efficiency still exists. Mitchell is helping Acme Global become agile by ______.

A. creating a digital culture B. developing the ability to thrive on change C. exploring the value of “on-demand” workers D. reviewing legacy processes

Business

The less steep the cost slope of an activity, the ________ it costs to shorten one time period.

Fill in the blank(s) with the appropriate word(s).

Business

Managers must take the following into account when sending a message.

A. the receiver’s relationship and status differences with the manager B. the receiver’s interest and emotional state C. the receiver’s knowledge and communication skills D. all of these

Business

A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?

A) $17,500 B) $37,500 C) $18,750 D) $16,667

Business