A. An existing internet provider provides competition to two other providers in Dayton Ohlio
B. The production and marketing of the Model T Ford in the 19-teens
C. The invention of the Stanley steamer
D. An American buying a stock in the Philippines stock market
Related Mcqs:
- According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has ?
A. created stationary economies of scale
B. maintained the relationship between firms and their clients
C. replaced price as the important
D. limited the expansion of firms - If a company (considering its options on the product/market expansion grid) chooses to move into different unrelated fields (from what it ha ever done before) with new products as a means to stimulate growth the company would be following which of the following general strategies ?
A. market penetrations
B. market development
C. product development
D. diversification - Which of the following is not an assumption of Schumpeter’s stationary state ?
A. Perfect competition
B. An economy below full employment
C. No savings or technical change
D. No entrepreneurial function is required - Which of the following was a socialist country ?
I- Holland
II- Soviet Union
III- China
IV- IndiaA. I and II only
B. II and III only
C. III and IV only
D. I and IV only - Which of the following is TRUE about gender and business world ?
A. There are more women than men in U.S business because of the aspirations of U.S girls
B. There are relatively few women in U.S business partly because of female socialization
C. LDC businesswomen have a better chance than men of getting credit from bankers and suppliers
D. Businesswomen in India are viewed as naturally stronger, less emotional more socially adept and more rational than businessmen - Which of the following statements is true about a market economy ?
A. With a large enough computer, central planners could guide production more efficiently than markets.
B. Market participants act as if guided by an invisible hand to produce outcomes that maximize social welfare
C. The strength of a market system is that it tends to distribute resources evenly across consumers.
D. Taxes help prices communicate costs and benefits to producers and consumers. - Which of the following is referred by principle ?
A. Total amount of money being borrowed or lent
B. Party affected by agent decision in a principal agent relationship
C. Both of them
D. None of them - Which of the following is NOT true ?
A. Taxes on international trade are the major source of tax revenue for low-income countries with poor administrative capacity
B. import duties can restrict luxury goods consumption
C. several LDCs have used value-added taxes to raise a substantial fraction of revenues
D. Cascade tax a form of progressive tax, is dominant in DCs - Drop shippers perform which of the following functions ?
A. Assumes title and ships coal, lumber or heavy equipment to a buyer
B. Stocks the bread rack in a grocery store
C. Maintains, owns and stocks a CD display in a grocery store
D. Sells jewelry out of a catalog - Which of the following countries lead in the production of Nickel in the world ?
A. Canada
B. USA
C. China
D. Russia
