AND ANSWERS
Choose all correct answers about iPhones supply chain - ANS Iphone is typical of many
products that are the results of global supply chain
Iphones involves parts and labors from europe asia and america
Its difficult to make iohone entirrely om america
Apple competes with samsung but also ises parts from them
Where are our bananas from? - ANS Mostly from Latin America
What we do with bananas is likely to be applicable to vegetables or fruits below except for
which one? - ANS Strawberries
The UK imports how much of its fruits? - ANS 95%
Choose all correct answers regarding the origin of banana trade - ANS It's dominated by a
few companies such as dole, Chiquita, del monte, and Bonita
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, It started in the 19th century
The I'm imports roughly how much of its vegetables? - ANS Half
Which one is not Taylor's four principles of scientific management? - ANS Learn from the
managers
The scientific method includes - ANS Making hypothesis
Asking questions
Examining results
Testing hypothesis
Choose all correct answers about the hawthorn study - ANS Secondary data are pretty
convient but may not meet our research purpose
Choose all correct answers about statistical interference - ANS Casual relationship means
that one causes the other to happen
Science is about making observations of the surroundings then carry out experiments to test
assumptions
Choose all correct answers about marketing basics - ANS Substitutable products: I will take
Diet Coke when Coke Zero is not available
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, Complementary products: cream and sugar sales go up when coffee sales go up
Landlords give renters first month free so that it's easy to attract new tenants
Choose all correct answers about utilities - ANS Best prices for Christmas trees are after
December 25 is an example of time utility
Baby carrots are large shaped to be small and cute therefore more expensive is an example of
form utility
Kids eat up apple slices is an example of form utility
Choose all incorrect answers about the industrial revolution - ANS Industrial revolution
happened in Germany first
Industrial revolution started in the 19th century
Choose all correct answers about scal and scope economies - ANS Walmart's is a typical
example of economies of scope
Is postal service is a typical example of economies of scope in terms of geographic coverage
Choose all correct answers about economic utilities - ANS Gogurt is more expensive than
regular yogurts on a per unit basis because it has form utility
Place utility example; items in the vending machine on campuses are usually ore expensive than
the same ones at supermarkets
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