Uncategorized Questions

________ ventures consist of one company joining forces with foreign investors to create a local business in which they share ownership and control.

T/F : When benchmarking, you typically compare your firm to the leading firms in the industry.

Natural & Safe sells a concentrated, biodegradable bathroom cleaner in a recycled container. This is best described as a component of the company's internal ________ program.

ABC pharmaceuticals produces rocks. A new technology improves the productivity of rock technicians. This will cause ABC's demand (and other firms' demand) for workers to . As a result, real wages in the labor market for rock technicians will and employment in the rock technician market will .

Amazon and Geico approach customers via website....

Although it might seem that the market leader has the most going for it, challengers often have what some strategists call a(n) ________. The challenger observes what has made the leader successful and improves upon it.

Foreign businesses in India appear to receive unusually close scrutiny and special regulations, aimed at protecting the local businesses. This is an example of a(n) ________.

requires delivering more value and satisfaction to target customers than competitors do.

Dan's Drugstore sells medicine to consumers for $20 that only costs $2 to produce. Critics accuse Dan's of ________.

t/F: A disadvantage of a competitor-centered company is that it ends up simply matching or extending industry practices rather than seeking innovative new ways to create more value for customers.

Suppose that the age at which individuals enter the workforce in the US rises from 20 to 30, on average. This will [ Select ] ["increase", "decrease"] the size of the workforce and shift the labor supply curve [ Select ] ["right", "left"] . As a consequence, real wages will [ Select ] ["fall", "rise"] and the number of workers employed will [ ].

________ involves changing the product to meet local requirements, conditions, or wants.

Sears and Holiday inn encounter difficult times because they tried to be all things to all people....

Suppose that globalization increases the price of a good in an exporting sector and decreases the price of a good in an importing sector. Which of the following is likely to result?

Suppose that, in 2022, GDP in the Republic of Rowdy Roustabouts was $168. Moreover, suppose that consumption expenditures were $26, investment spending was $21, and government expenditures were $4. Finally, assume that tax receipts were $20.Calculate public saving for the RRR in 2022.

In 2022, nominal interest rates in the Federation of Federated Federal Ferrets were 3.5%. Meanwhile, the rate of inflation was 5.4%. The saving rate was 1%.Calculate the real interest rate in 2022 in the FFFF.

Suppose Consuelo deposits $4 in her checking account, and also charges $15 on her credit card. She also inherits $7 of Apple stock.What is the resulting change in Consuelo's net worth?

Suppose that, in 2022, GDP in the Republic of Rowdy Roustabouts was $160. Moreover, suppose that consumption expenditures were $26, investment spending was $21, and government expenditures were $18. Finally, assume that tax receipts were $15.Calculate private saving for the RRR in 2022.

Consuelo deposits $7 in her checking account and also pays off $10 of her student loan debt. She also pays off $2 of credit card debt. By how much does this increase Consuelo's net worth?

Suppose that technology increases the productivity of skilled workers and decreases the productivity of unskilled workers. Which of the following is likely to result?