Peregrine Exam Graded A+(Actual test) Which of the following is NOT a strategic alternative to laying off employees? Correct answer- implementing a restricted hiring policy downsizing the workforce lowering employment standards mandating reduced hours Lowering Employment Standards KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity?Correct answer- 194,640
173,310
167,125
181,292
173,310
The Marketing Concept today is about what? Correct answer- Sales Relationships Aggressive advertising Price Sales Which of these is not a cash flow activity category in the Statement of cash flows?Correct answer- operating.investing.financing.depreciating.Depreciating Which one of the following statements is false? Correct answer- TC = TFC + TVC
ATC = AFC + AVC
AFC = TFC divided by Q MC = TC divided by Q 1 / 3
AFC = TFC divided by Q The ratio that explains how efficiently companies use their assets to generate revenue.Correct answer- Receivables turnover ratio Asset turnover ratio Income ratio Quick ratio Asset Turnover Ratio The sum of the squares total (SST) Correct answer- measures the total variability in X about the mean.measures the total variability in Y about the mean.measures the variability in X about the regression line.measures the variability in Y about the regression line.Measures the variability in Y about the regression line.This strategy sacrifices responsiveness to local markets in favor of efficiency. Microsoft, for example, offers the same software programs around the world but adjusts the programs to match local languages. Correct answer- Multinational strategy Global strategy Transnational strategy Multidomestic strategy Global Another Time Around helps young inner city kids develop products they can make and sell to earn money for college. What concept best describes this? Correct answer- The marketing mix Cause marketing Benevolent advertising A tax deduction Corporate charitable marketing None of the above.cause marketing Lauren is an HR manager at a marketing firm. Which of the following functions is LEAST likely to be an aspect of Lauren's job? Correct answer- Employee and labor relations Staffing Employee staffing Product testing Product Testing 2 / 3
Local area networks (LANs) are used to _____. Correct answer- link computers that are geographically far apart provide communication services spanning several cities or states connect various wide area networks in metropolitan areas integrate services to a single building or campus integrate services to a single building or campus n June 2015, American steel companies United States Steel Corp., Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel Industries filed a complaint with the Department of Commerce and the ITC alleging that China (and other countries) were selling steel in the U.S. market at prices lower than their own markets.This practice is known as Correct answer- Tacit collusion Collusion Price fixing Dumping Dumping Dumping is considered: Correct answer- Repackaging a product currently being sold in a foreign country.Collecting and destroying products before they contaminate the market for the brand.The sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.Offering a bribe to a foreign official for the purposes of opening markets.Combining a poorly selling product with a new product.The sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.Marginal revenue is equal to: Correct answer- the change in total revenue associated with a change in quantity.marginal cost.the change in total profits associated with a change in quantity.total revenue divided by its output.Marginal cost The primary purpose of employer branding is to ________. Correct answer- promote employee benefits encourage mentions in social media.attract quality employees sell consumer products attract quality employees
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