ACCTG 503

.1 Microeconomics: The Allocation of Scarce Resources 1) Microeconomics studies the allocation of 1. A) decision makers. 2. B) scarce resources. 3. C) models. 4. D) unlimited resources. 2) Microeconomics is often called 1. A) price theory. 2. B) decision science. 3. C) scarcity. 4. D) resource theory. 3) Most microeconomic models assume that decision makers wish to 1. A) make themselves as well off as possible. 2. B) act selfishly. 3. C) make others as well off as possible. 4. D...

Chapter 01 Strategic Management: Creating Competitive Advantages / Questions 1. The success Apple, Inc achieved over the past decade was a direct result of the creative and forceful leadership of its late CEO, Steve Jobs. According to the text, this would be an example of the "romantic" perspective of leadership. 2. Strategic management consists of the analyses, decisions, and actions an organization undertakes in order to create and sustain competitive advantages. ...