VERIFIED ANSWERS PASSED 100%
Which of the following is NOT a strategic alternative to laying off employees?
1. implementing a restricted hiring policy
2. downsizing the workforce
3. lowering employment standards
4. mandating reduced hours - Correct Answer ✔✔ 3. Lowering Employment Standards
KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses
$10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie
gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? -
Correct Answer ✔✔ 173,310
The Marketing Concept today is about what?
1. Sales
2. Relationships
3. Aggressive advertising
4. Price - Correct Answer ✔✔ 1. Sales
Which of these is not a cash flow activity category in the Statement of cash flows?
1. operating.
2. investing.
3. financing.
4. depreciating. - Correct Answer ✔✔ 4. Depreciating
Which one of the following statements is false?
1. TC = TFC + TVC
2. ATC = AFC + AVC
3. AFC = TFC divided by Q
4. MC = TC divided by Q - Correct Answer ✔✔ 3. AFC = TFC divided by Q
The ratio that explains how efficiently companies use their assets to generate revenue.
1. Receivables turnover ratio
2. Asset turnover ratio
3. Income ratio
4. Quick ratio - Correct Answer ✔✔ 2. Asset Turnover Ratio
, The sum of the squares total (SST)
1. measures the total variability in X about the mean.
2. measures the total variability in Y about the mean.
3. measures the variability in X about the regression line.
4. measures the variability in Y about the regression line. - Correct Answer ✔✔ 4.
Measures the variability in Y about the regression line.
This strategy sacrifices responsiveness to local markets in favor of efficiency. Microsoft,
for example, offers the same software programs around the world but adjusts the
programs to match local languages.
1. Multinational strategy
2. Global strategy
3. Transnational strategy
4. Multidomestic strategy - Correct Answer ✔✔ 2. Global
Another Time Around helps young inner city kids develop products they can make and
sell to earn money for college. What concept best describes this? - Correct Answer ✔✔
cause marketing
Lauren is an HR manager at a marketing firm. Which of the following functions is
LEAST likely to be an aspect of Lauren's job?
1. Employee and labor relations
2. Staffing
3. Employee staffing
4. Product testing - Correct Answer ✔✔ 4. Product Testing
Local area networks (LANs) are used to _____. - Correct Answer ✔✔ integrate services
to a single building or campus
In June 2015, American steel companies United States Steel Corp., Nucor Corp., Steel
Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel Industries filed a
complaint with the Department of Commerce and the ITC alleging that China (and other
countries) were selling steel in the U.S. market at prices lower than their own markets.
This practice is known as - Correct Answer ✔✔ Dumping
Dumping is considered: - Correct Answer ✔✔ The sale of an exported product at a price
lower than that charged for the same or a like product in the "home" market of the
exporter.
Marginal revenue is equal to: - Correct Answer ✔✔ Marginal cost
The primary purpose of employer branding is to ________.