Assessment)
Question 1
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When the products being purchased are standard
or undifferentiated, it results in ________
bargaining power of consumers. a. higher
b. lower
c. marginalized
d. negligible
e. negative
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The correct answer is: higher
Question 2
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Wisconsin recently passed a law strengthening collective-
bargaining rights for the state's public-employee unions.
True
False
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The correct answer is 'False'.
Question 3
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, Question text
While forecasts might not be perfect, they are never
wildly inaccurate.
True
False
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The correct answer is 'False'.
Question 4
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Remaining solely domestic is an increasingly safe strategy
for U.S. companies.
True
False
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The correct answer is 'False'.
Question 5
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Which function of management is concerned with span
of control and chain of command? a. Controlling
b. Organizing
c. Motivating
d. Staffing
e. Planning
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The correct answer is: Organizing
Question 6
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