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Question 1 An online seller of travel services that generates revenue by charging fees for its services is an example of a Choose one answer. a. market maker. b. transaction broker. c. content disseminator. d. viral marketer. Question 2 The competitive advantages of a "pull" vehicle distribution process include each of the following except Choose one answer. a. improved customer satisfaction and better pricing. b. large cost savings in finished vehicle inventory carrying costs. c. better cash flow to the manufacturers. d. creating a build-to-stock environment. Question 3 Security for online bank transactions includes each of the following except Choose one answer. a. firewalls. b. SSL encryption. c. virtual biometrics. d. digital certificates. Question 4 A corporate-based acquisition site that uses reverse auctions, negotiations, group purchasing, or any other e-procurement method best defines Choose one answer. a. desktop procurement method. b. buy-side e-marketplace. c. intermediary. d. aggregated catalog. Question 5 Unplanned purchases of items needed quickly, often at non-prenegotiated higher prices, best defines Choose one answer. a. impulse purchases. b. free market. c. MRO purchasing. d. maverick buying. Question 6 Materials used in the production of a product best defines Choose one answer. a. indirect materials. b. direct materials. c. MRO materials. d. production materials. Question 7 The online delivery of information for purposes of education, training, or knowledge management best describes Choose one answer. a. edutainment. b. e-learning. c. mobile learning. d. location-based learning. Question 8 Which of the following provides learning to an employee while the work is being done? Choose one answer. a. decision support system b. learning on-demand c. FAQ system d. information portal Question 9 The three major elements of Caterpillar Inc.'s learning infrastructure include Choose one answer. a. governance. b. a learning technology infrastructure. c. an alignment strategy. d. all of the above. Question 10 The exclusive online publication of Stephen King's e-book Riding the Bullet Choose one answer. a. was a failure because the cost of the book was too high. b. produced very few sales. c. was an unqualified success and established electronic publishing as a legitimate competitor for traditional publishers. d. was disrupted by hackers who breached security, then distributed free copies of the book.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
Case study analysis about optimum resource allocation: - Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
Problem based on Oligopoly and demand curve, Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain the impact of external costs and external benefits on resource allocation; Why are public goods not produced in sufficient quantities by private markets? Which of the following are examples of public goods (or services)? Delete the incorrec..
Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..
Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:
Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..
"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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