Question 16 1 points Save The _________ is a measure of the prices of typical pr
ID: 471107 • Letter: Q
Question
Question 16
1 points
The _________ is a measure of the prices of typical products purchased by consumers living in urban areas.
national debt
consumer price index
real GDP
gross national product
balance of trade
Question 17
1 points
Which of the following best describes viral marketing?
The strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials and resources.
The strategy of owning the means by which an organization produces goods or services.
The strategy of using the Internet and word-of-mouth marketing to spread product information.
Any activity that adds value to some input by transforming it into an output for an internal or external customer.
An approach by which firms move away from department-oriented organization and toward process-oriented team structures that cut across old departmental boundaries.
Question 18
1 points
Which of the following is NOT an example of a factor in the sociocultural environment?
Consumers in China perceive bicycles primarily as a mode of transportation, while consumers in the U.S. perceive bicycles as recreational items.
Prepackaged chili is more popular in southwestern states than in the northeast.
McDonald's has added salads and other low fat foods to its menu.
Many people in the Middle East are unwilling to work in food service operations.
Companies are more likely to set up foreign operations in countries with stable political and economic systems.
Question 19
1 points
_____________ is a large-scale information system for organizing and managing a firm's processes across product line, departments, and geographic locations.
Outsourcing
Business process management
Enterprise resource planning
Vertical integration
Viral marketing
Question 20
1 points
Low unemployment can result in
a shortage of labor.
increases in wage rates.
decreased profit margins.
all of the above.
none of the above.
Question 16
1 points
The _________ is a measure of the prices of typical products purchased by consumers living in urban areas.
national debt
consumer price index
real GDP
gross national product
balance of trade
Explanation / Answer
(16)consumer price index
(17)The strategy of using the Internet and word-of-mouth marketing to spread product information.
(18)Companies are more likely to set up foreign operations in countries with stable political and economic systems.
(19)Enterprise resource planning
(20)
none of the above.