When selecting people to participate in a survey,the most critical task is getting a representative sample.

Which of the following is an example of psychographic information that can be determined about an audience?

A) Age
B) Attitude
C) Gender
D) Occupation
E) Education

According to systems thinking, the organisation is viewed as:

A) a clear division of labour with the duties and responsibilities of its employees being explicitly defined.
B) a system of standard rules and procedures and a clearly defined hierarchy of authority, where members are selected for technical competence.
C) a smaller component of a larger entity that operates to its own benefit.
D) highly efficient in the utilisation of resources.
E) a collection of interrelated parts that function together to achieve a common purpose.

Refer to Aqua-Wave Aquariums. Jeremiah appears to be recommending which social responsibility strategy?

A) Protective
B) Accommodation
C) Defensive
D) Reactive
E) Proactive

Product design allows employees to become specialized in a particular product type.

Because a director of a closely held corporation breached his duties to the corporation, the corporation lost $15,000. Despite the urging of the shareholders, the board of directors refused to begin an action on behalf of the corporation. Which one of the following provisions would aid the shareholders?

A) Relief-from-oppression provisions
B) Pre-emptive right provisions
C) Indoor-management rule
D) Derivative-action provisions
E) Dissent procedure

Job enlargement involves increasing the breadth and depth of a job.

Refer to Figure 8.7.2 above. In long run equilibrium, how much is the economic profit of the firm expected to be?

A) $3.64 million
B) $3 million
C) zero
D) somewhere between $3 and $3.64 million