Ultimate Business Study Guide - Questions & Answers

what international organization runs a dispute settlement process in which countries can resolve trade inequalities in a formal arena?
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abigail, bart, and steven agree to do business as a partnership. their obligation to one another is most similar to what kind of relationship?
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a corporation that transacts business in a state other than its state of incorporation is known as a(n) corporation in the other state.
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if an insurance carrier agrees to pay 75% of the cost of service and requests the patient pay the remaining 25%. this is what kind of expense?
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a product assembled of 10 purchased components, where the defective rate of each component is 0.5%, will result in finished product quality of
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at which rate is total utility increasing: a constant rate, a decreasing rate, or an increasing rate? how do you know? multiple choice 1 a decreasing rate, because marginal utility is declining. a constant rate, because marginal utility is increasing. an increasing rate, because marginal utility is declining.
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consider a highway that everyone has access to. assume this highway is congested and, hence, every time a driver gets on the highway, it reduces the utility of the highway for the next driver. what kind of good is the congested highway? club good. public good. common resource. private good.
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axios, a new company, entered the smartwatch industry during the growth stage of the industry life cycle. it managed to become one of the top-two smartwatch manufacturers during the shakeout stage due to its low-cost structure. what features should axios emphasize in its product marketing to ensure it successfully crosses the chasm into the maturity stage?
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five friends go to a restaurant. they talk about how to divide the bill. under which of the following possible arrangements would you expect the group to spend the least? answer s: a. everyone pays only for what he eats (plus the prorate share of tax and tip) b. they divide the bill in five equal shares c. the riches person pays d. it is impossible to tell
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how long will it take for an investment to triple calculator if invested in an account that earns 3% interest compounded monthly
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sunbird communications corp. is an organization with offices in a number of cities. the human resources (hr) department interviews the candidates remotely. each member of the hr department then posts his or her comments on an internal blog. this is an example of a(n) a.task group. b.informal group. c.problem-solving team. d.interest group. e.virtual team.
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there are four suppliers in the packed meals market. the quantity of packed meals that each one is willing to supply per week at various prices is provided in the accompanying table. what is the change in the market supply for packed meals when the price rises from $6.25 per meal to $6.50 per meal?
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chad watched as his friend, ned, learned the hard way that some influence tactics generate resistance. the employees pay little or no attention to what ned has requested of them. chad has a major project for his team. it needs to be completed on time, on budget. ned suggests using pressure tactics, but which influence tactic do you think chad should use?
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fragmental company leased a portion of its store to another company for eight months beginning on october 1, at a monthly rate of $900. fragmental collected the entire $7,200 cash on october 1 and recorded it as unearned revenue. assuming adjusting entries are only made at year-end, the adjusting entry made by fragmental company on december 31 would be:
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calculate the duration of a 5 percent, $1,000 par bond maturing in three years if the yield to maturity is 8 percent and interest is paid semiannually.
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a bookstore purchases ten books at $6 and resells them at $12. any books not sold in a three month period will be purchased back by the book company at $2. if x is the number of books sold, what is the expected value of the profit, e[h(x)]?
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julia, a salesperson for an automobile firm, explains all the attributes and benefits of a car to a customer in her sales presentation. the customer loses interest in her presentation because julia overloads the presentation with attributes the customer was not interested in knowing about and does not address the customer's needs. this is an example of
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a hog meat producer expands its facilities and finds it is able to slaughter a greater number of hogs at a lower long-run average total cost per pound of hog meat. what economic concept does this describe?
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jolene, a sales representative, was worried about her work-related productivity so she made a series of entries in her records to show that she had more sales than she actually did. this is known as .
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around the world oil is priced consistently in united states dollars. in economic terms this is an example of: group of answer choices store of value. flexible values. medium of exchange. units of account.
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what type of cloud service bills consumers based on the actual usage of the service and may charge different prices based on the time of day it was utilized
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the gains from expanding trade are probably most important for the low-income economies in the world as opposed to the gains though trade benefitting the usa. why might this be so?
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a popular approach to performance measurement that integrates financial and non financial measures and links them to the organization's goals and objectives is called the . group of answer choices
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the central bank commits to targeting 5 percent inflation, what is expected inflation? if the central bank follows through, what is the unemployment rate? what is the loss from inflation and unemployment?
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