Reference no: EM132283338

1. Which of the following characterizes organizational buyer-seller relationships?

Purchases are often made after brief negotiations if any.

Supply partnerships may eventually develop.

Short-term contracts are often prevalent.

Reciprocal arrangements provide the most flexibility to buyer and seller.

Delivery schedules are less important than production capacity.

2. Compared to a focused sports camera firm (that is, it has only sports camera business), which of the following are some of your potential advantages due to economies of scope as a diversified firm? Multiple answers may apply so pick all possible answers.

A) The possibility to fund camera business with profit from plastic production business

B) The possibility to use spare plastic parts in your camera production process

C) The possibility to spread fixed costs from plastic production business to camera units

D) The greater ability to reduce shareholders' risk by operating in two different businesses

3. It appears that, while advertising for FlyPro increased its sales volume, it also increased sales of an older model in the same Pro Series called FlyPro Gen1. In contrast, sales for cameras in the CamEveryday Series has remained constant. This is best explained by:

A) Umbrella branding

B) Persistent demand for older generation products which are more reliable and cheaper

C) Relative decline of demand for CamEveryday series

D) Cross-branding

4. As children progress through grade levels at school, their ________ increases.

A) Intelligence

B) Cognitive complexity

C) Learning goal orientation

D) Performance goal orientation

5. Research has shown that intelligence accounts for about ________ of success in management and leadership positions.

A) 25%

B) 50%

C) 75%

D) 95%