Factors that can effect prices could include advances in technology, changes in prices of raw materials or new government taxes.

a. True

b. False

One way a company can translate a low cost advantage

The total annual expenditures on advertising in the United States Multiple Choice peaked last year at approximately $700 billion. has declined significantly as firms utilize different online promotional opportunities. is about $420 billion.

An advantage of the matrix organization is that it: a. gives top management a useful vehicle for centralization. b. allows its employees to have unlimited freedom. c. allows the top management to focus on short-range planning. d.

Which of the following statements does NOT accurately describe a line of credit? a. A line of credit is available immediately when needed. b. A line of credit provides an alternative source of funds if an emergency does develop. c.

How long do you have to work at dollar general before you can transfer?

Portland, inc. has formed four activity cost pools: product design, machining and production, machine setup, and inspection.

Before starting a business, an entrepreneur should consider the following sacrifices: a. Professional b. Financial c. Personal d. All of these are correct.

The world is often described as having a global economy. How important is international trade to the United States?

Buyer of a good bear the larger share of the tax burden when a tax is placed on a product for whicha. the supply is more elastic than the demand. b. the demand in more elastic than the supply. c. the tax is placed on the sellers of the product. d.

Why is it important to distinguish between unilateral and mutual mistakes?