Which of the following is an example of faulty hindsight?

A) Alan erroneously predicted that his superiors would favour the reorganization plan.
B) The small business owner could never forget how she had been let down by a particular supplier.
C) The small business owner who had been let down by a supplier gave the supplier another large order.
D) Suki decided to spend more money upgrading her old computer instead of buying a new one.
E) When it became clear that the investment was a poor one, Pierre realized that he had known it was bad all along.

The ____ is an area within which employees will accept certain directives without questioning the manager's power.

A) zone of indifference
B) difference zone
C) legitimate power zone
D) safety zone

The most glaring economic problem in the former Soviet Union was

A) a shortage of military goods
B) a surplus of military goods
C) a shortage of civilian goods
D) a surplus of civilian goods

How parties treat each other in one-to-one relationships is the process of which of the following justices?

A) Procedural
B) Interactional
C) Systemic
D) Distributive
E) None of the above

Refer to Figure 6.2. Mr. Lingle's budget constraint is AC. His choice set is all points

A) in the area bounded by OAC.
B) to the right of budget constraint AC.
C) along budget constraint AC.
D) along the vertical and horizontal axes.

What is often the largest component of logistics costs?

A) Inventory costs
B) Transportation costs
C) Shipper-related costs
D) Administrative costs