A firm that has diminishing returns in the management's ability to use and disseminate information as it increases production in the long run BEST demonstrates:

A) economies of scale.
B) diseconomies of scale.
C) being too small for the relevant market.
D) not having enough managers.

An adverse supply shock shifts the short-run Phillips curve right. If people raise their inflation expectations, the short-run Phillips curve shifts farther right.

Modern management practices emphasize _____.

A) only material rewards
B) only economic rewards
C) external incentives
D) the use of differential piece-rate systems

In order to obtain desired results, one sales training program should be used for everyone so that consistency is promoted among the sales staff.

Under the Sarbanes-Oxley Act of 2002, all members of a publicly traded corporation's audit committee must be outside directors.