In the price continuum, no sales means product are sold at

a.Very low prices

b.Ceiling prices

c.Very high prices

d.Floor prices

Macroeconomics deals with which of the followings?

a.Inflation

b.Income

c.Production

d.Profits

When a manufacturing company raises process for its products, it is a reflection of a/an

a.Decrease in balance of payments( BOP)

b.Increase in producer price index (PPI)

c.Increase in balance of trade (BOT)

d.Decrease in consumer price index (CPI)

A portion of the balance sheet data for TMX Corporation is shown below in millions (M). Current assets = $5M, Current liabilities =$3M. What are the working capitals, gross working capitals, and net working capitals respectively for the TMX Corporation?

a.$5M, $5M, and $2M

b.$2M,$3M, and $5M

c.$5m,$3m, and $8M

d.$2M, $5M, and $8M

The ability to put marketing theory into marketing practice is an example ofskills.

a.Functional

b.Implementation

c.Application

d.Time-management

Which of the following is an example of a high level business policy?

a.Requiring a signed contract prior to start of a new project

b.Requiring a signed contract prior toacquisition of assets

c.Requiring sales receipts for return

d.Requiring procedures to comply with pollution control laws

Which of the following is involved when 2 radio stations plan to merge?

a.Federal Trade Commission

b.Department of Commerce

c.Federal Communication Commission

d.Federal Bureau of Investigations

Regarding microeconomics, which of the following considers opportunity costs

a.Marketing costs

b.Accounting costs

c.Economic costs

d.Manufacturing costs

Which of the following helps in problem solving?

a.Listening and discounting

b.Listening and stroking

c.Stroking and discounting

d.Stroking only

Regarding business strategies, which one of the following item drives the other 3 items?

a.Competitive forces

b.Competitive scope

c.Competitive advantage

d.Competitive strategies

A partial cash budget for BRP Corporation is shown below in millions (M).

Cash receipts $2M, beginning cash balance $1M, minimum cash balance required $1.75M, cash disbursements $3m. What is the cash shortage or surplus for the BRP Corporation?

a.Cash Surplus of $1.75M

b.Cash shortage of $1.75M

c.Cash surplus of $2.0M

d. Cash shortage of $2.0M

Which of the following groups is the primary cause for an organization's failure?

a.Suppliers

b.Competitors

c.Customers

d.Management

As a problem solving tool, which of the following requires an outside-the-box thinking?

a.Lateral thinking

b.Analogy thinking

c.Sarcastic humor

d.Means-ends analysis

show the amount of time needed to complete activities as well as the amount of activity that needs to be completed within a time frame?

a.Fishbone diagrams

b.Process diagrams

c.Gantt Charts

d.Organizational charts