RQ
Randy Quesenberry
Answers (6)
RQ
Answered
Typically,what is an organization's largest controllable cost?
A) technological costs
B) capital costs
C) labour costs
D) benefits costs
A) technological costs
B) capital costs
C) labour costs
D) benefits costs
On Jul 21, 2024
C
RQ
Answered
Explain the practice of tying and discuss why it is controversial.
On Jul 18, 2024
Tying is the practice of bundling goods for sale. It is controversial because it is perceived as a tool for expanding the market power of firms by forcing consumers to purchase additional products. However, economists are skeptical that a buyer's willingness to pay increases just because two products are bundled together. In other words, simply bundling two products together doesn't necessarily add any value. It is more accurately believed to be a form of price discrimination.
RQ
Answered
Which of the following is an advantage associated with internal recruiting?
A) it allows for more accurate prediction of the person's chance of success
B) it brings in "new blood"
C) it decreases costs associated with employee counselling
D) it allows new ideas to be introduced into the organization
E) it removes undesirable employees
A) it allows for more accurate prediction of the person's chance of success
B) it brings in "new blood"
C) it decreases costs associated with employee counselling
D) it allows new ideas to be introduced into the organization
E) it removes undesirable employees
On Jun 21, 2024
A
RQ
Answered
According to self-determination theory, needs for existence, relatedness, and growth are important for all individuals.
On Jun 18, 2024
False
RQ
Answered
Because institutional markets represent a wide variety of organizations, marketers do well to develop standardized solutions that meet the general needs of all.
On May 22, 2024
False
RQ
Answered
Identify an example of a stock variable.
A) The growth in investment in an economy
B) The change in the price level in an economy over the years
C) The number of unemployed people in an economy in a particular year
D) The increase in the money supply in an economy
E) The fall in consumer spending during two consecutive years
A) The growth in investment in an economy
B) The change in the price level in an economy over the years
C) The number of unemployed people in an economy in a particular year
D) The increase in the money supply in an economy
E) The fall in consumer spending during two consecutive years
On May 19, 2024
C