COMPLETE QUESTIONS AND CORRECT
SOLUTIONS ALREADY PASSED
◉ Which one of the following statements is false?. Answer: TC = TFC
+ TVC
ATC = AFC + AVC
AFC = TFC divided by Q
MC = TC divided by Q
AFC = TFC divided by Q
◉ The ratio that explains how efficiently companies use their assets
to generate revenue.. Answer: Receivables turnover ratio
Asset turnover ratio
Income ratio
Quick ratio
Asset Turnover Ratio
◉ The sum of the squares total (SST). Answer: measures the total
variability in X about the mean.
,measures the total variability in Y about the mean.
measures the variability in X about the regression line.
measures the variability in Y about the regression line.
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.. Answer: Multinational strategy
Global strategy
Transnational strategy
Multidomestic strategy
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?. Answer: The marketing mix
Cause marketing
Benevolent advertising
A tax deduction
Corporate charitable marketing
, None of the above.
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?.
Answer: Employee and labor relations
Staffing
Employee staffing
Product testing
Product Testing
◉ Local area networks (LANs) are used to _____.. Answer: link
computers that are geographically far apart
provide communication services spanning several cities or states
connect various wide area networks in metropolitan areas
integrate services to a single building or campus
integrate services to a single building or campus
◉ n June 2015, American steel companies United States Steel Corp.,
Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp.,