1. The chance that a society can actually achieve full employment is ________ percent.
Select one:
A. 1
B. 75
C. 10
D. 0
E. 45
2. Viral marketing can result in ________ when compared to traditional marketing.
Select one:
A. quicker consumer awareness and higher costs
B. lower rates of recall and higher costs
C. lower rates of recall and slower consumer awareness
D. slower consumer awareness and a wider reach
E. faster consumer awareness and a wider reach
3. The economy in the African nation Sponeto has been stagnant for a long time. The government and central bank of Sponeto have been considering options for what can be done to help stimulate investment and growth in the economy.
Many in the Sponeto government agree that increasing the money supply to the nation's economy would be of significant help to the country. The national bank's reserve, however, is short on the funds needed, and suggests asking for them from the International Monetary Fund (IMF). Which of the following, if true, would strengthen the case for this course of action?
Select one:
A. The IMF contributes money as well as financial advice to help countries with economies suffering from balance-of-payment problems.
B. The IMF has been known to force donor countries to privatize national companies.
C. The IMF has been known to force donor countries to drop tariffs put in place to protect domestic industries.
D. A number of developing countries have suffered financial disasters from following IMF advice.
E. IMF loans typically come with many conditions attached that may result in increased poverty in the donor country.
4. Marquand says: Information technology has had its biggest impact on business in communication and access to data. With the networking and streamlined communication modalities now available to businesses, businesses can collaborate with each other as well as within a business at different locations with the greatest of ease. Businesses also have access to a greater range of information and at a greater speed than ever before. And with this information being constantly updated, businesses now have the ability to plan in response to market conditions with much greater efficiency than before.
Stevenson responds: Information is important, but what's most important is how that information is used. And there is no more direct way that information technology has helped businesses than the ability to sell directly. Selling online has opened up entirely new markets that allow businesses to make greater profits, with greater efficiency, than ever before. Many businesses, such as Amazon, have been able to use online selling exclusively to dramatic effect: without having to spend money on bricks-and-mortar storefronts, they can make billions in profits selling products at low prices.
Which of the following, if true, would best support Stevenson's position?
Select one:
A. Businesses that exclusively sell online have been the fastest-growing.
B. The most successful businesses are those that make use of information technology.
C. Many more businesses sell their products over the Internet now than in the past.
D. In general, the more that information technology is used by businesses, the better they perform.
E. Easily packaged imperishable consumer goods are those that are best suited to being sold over the Internet.
5. Flavour Foods runs The Hungry Cow, a chain of fast food restaurants located all over the country. The chain has a loyal customer base and is well-known for its signature dishes like the Big Bite Burger, Springy Fries, and the Orange Float. The company is faced with a critical decision: Should it expand its operations into China?
Which of the following, if true, would weaken the argument for competing in the Chinese market?
Select one:
A. Expanding into every market within China would require more resources than The Hungry Cow has at its disposal.
B. Studies show that modern Chinese consumers are more likely than previous generations to dine outside the home.
C. An American fast food chain found that the time to recoup its investments in China was greater under the franchise model as opposed to the corporate chain store model.
D. When choosing a restaurant, Chinese consumers seek benefits beyond simple food quality.
E. Chinese government policies can impose lengthy delays on businesses seeking food sale licenses.
I really don't understand some of the questions but i tried my best so my answers are :
1. A
2. E
3. A
4. B
5. E
please check and help :)
1. Good try, but the correct answer is D. 0. Full employment is an ideal situation where everyone who wants to work is employed, but in reality, achieving 100% employment is nearly impossible.
2. Nice effort! The correct answer is E. Viral marketing can result in faster consumer awareness and a wider reach compared to traditional marketing methods.
3. Well done! The correct answer is A. The fact that the IMF contributes money as well as financial advice to help countries suffering from balance-of-payment problems strengthens the case for seeking their assistance.
4. Oops! The correct answer is A. Businesses that exclusively sell online have been the fastest-growing, which supports Stevenson's argument about the importance of online selling.
5. Great attempt! The correct answer is D. When choosing a restaurant, Chinese consumers seek benefits beyond simple food quality. This weakens the argument for competing in the Chinese market as The Hungry Cow needs to consider other factors beyond their signature dishes.
Hope this helps! Don't worry, understanding these questions can be tricky sometimes.
Here are the correct answers for the questions:
1. D. 0
2. E. faster consumer awareness and a wider reach
3. A. The IMF contributes money as well as financial advice to help countries with economies suffering from balance-of-payment problems.
4. A. Businesses that exclusively sell online have been the fastest-growing.
5. D. When choosing a restaurant, Chinese consumers seek benefits beyond simple food quality.
Let me know if there's anything else I can help with!
Here is an explanation for each question:
1. The chance that a society can actually achieve full employment is _____ percent.
To determine the answer, we need to consider the given options and choose one that represents the likelihood of a society achieving full employment. Since full employment is a difficult goal to achieve, the most suitable answer is D, 0 percent. This implies that it is highly unlikely for a society to achieve full employment.
2. Viral marketing can result in ________ when compared to traditional marketing.
To answer this question, we need to compare viral marketing with traditional marketing and identify the outcomes associated with viral marketing. Option E, faster consumer awareness and a wider reach, aligns with the benefits of viral marketing. Viral marketing leverages social sharing and online platforms to quickly spread marketing messages to a larger audience.
3. The economy in the African nation Sponeto has been stagnant for a long time. The government and central bank of Sponeto have been considering options for what can be done to help stimulate investment and growth in the economy... Which of the following, if true, would strengthen the case for this course of action?
To find the answer, we need to identify the statement that supports the idea of requesting funds from the International Monetary Fund (IMF) to stimulate investment and growth. Option A, "The IMF contributes money as well as financial advice to help countries with economies suffering from balance-of-payment problems," strengthens the case as it suggests that the IMF can provide financial support to countries in need.
4. Marquand says: Information technology has had its biggest impact on business in communication and access to data... Stevenson responds: Information is important, but what's most important is how that information is used. And there is no more direct way that information technology has helped businesses than the ability to sell directly... Which of the following, if true, would best support Stevenson's position?
To support Stevenson's position, we need to find a statement that emphasizes the importance of selling directly through the use of information technology. Option A, "Businesses that exclusively sell online have been the fastest-growing," best supports Stevenson's argument, as it highlights the success and growth of businesses that utilize online selling platforms. This statement aligns with the idea that selling online has allowed businesses to make greater profits with greater efficiency.
5. Flavour Foods runs The Hungry Cow, a chain of fast food restaurants located all over the country... Which of the following, if true, would weaken the argument for competing in the Chinese market?
To weaken the argument for expanding operations into the Chinese market, we need to find a statement that presents challenges or disadvantages related to the Chinese market. Option E, "Chinese government policies can impose lengthy delays on businesses seeking food sale licenses," weakens the argument, as it suggests that there may be bureaucratic hurdles and delays in obtaining necessary licenses to operate in China.