Sample Test Questions‚ Final Exam‚ Fall 2003‚ Professor Isler True/False Indicate whether the sentence or statement is true or false. ____ 1. When an obvious clerical error exists in a written contract‚ the contract may not be enforceable. ____ 2. If the subject matter of a contract turns out to be more valuable than one of the parties believed it would be‚ that party can rescind the contract. ____ 3. A fraudulent contract may be enforced by the innocent party. ____ 4. An act of concealment
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1.) Define social class. Identify three criteria used to conceptualize social class placement. 1.)Social class is a “class society‚ a set of concepts in the social sciences and political theory centered on models of social stratification in which people are grouped into a set of hierarchical social categories”( Grant‚2001‚p.161). The most common being the upper‚ middle‚ and lower classes. The upper class consist of people or families that represent institutional leadership‚ heads of multinational
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Managerial Decision Making - Final Exam I pledge my honor that I have not violated the Honor Code during this examination. ________________________________________________________________________________________ You are concerned that your organization does not take enough risk. Using the principles covered in class‚ come up with a strategy for inducing more risk-taking. The strategy should not be something like: “increase the incentives for risk taking.” Instead‚ it should be inspired by psychology
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Marketing Final Exam Study Notes Chapter 8: Developing New Products Product: anything that is of value to a consumer and can be offered through a marketing exchange -goods‚ services‚ place‚ ideas‚ organizations‚ people‚ or communities all create value Why do firms innovate? Innovation: the process by which ideas and transformed into new products 1. changing customer needs 2. market saturation 3. managing risk through diversity: a product doing bad can be offset by a product doing good
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Name__________________ ID _______________________ Final Exam MBA501 Version A There are 25 multiple choice questions. Please select the one alternative that best answers each question. Each question is worth 3 points. 1) Suppose farms in the competitive market for potatoes are identical. Each farm’s long-run average cost is minimized at 500 pounds‚ and the corresponding minimum average cost is $0.20 per pound. If the long-run
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imperfectly competitive producer will both hire less labor ] 6) The real wage will rise if the nominal wage [ C. increases more rapidly than the general price level ] 7) Construction workers frequently sponsor political lobbying in support of greater public spending on highways and public buildings. One reason they do this is to [ C. increase the demand for construction workers ] 8) Paying an above-equilibrium wage rate might reduce unit labor costs by [ B. increasing the cost to workers of
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CONFIDENTIAL UNIVERSITI TUN HUSSEIN ONN MALAYSIA FINAL EXAMINATION SEMESTER I SESSION 2011/2012 COURSE NAME COURSE CODE PROGRAMME : : : ENGINEERING MATHEMATICS IV BWM 30603/BSM 3913 1 BEE 2 BDD/BEE/BFF 3 BDD/BEE/BFF 4 BDD/ BFF JANUARY 2012 3 HOURS ANSWER ALL QUESTIONS IN PART A AND TWO (2) QUESTIONS IN PART B. ALL CALCULATIONS AND ANSWERS MUST BE IN THREE (3) DECIMAL PLACES. EXAMINATION DATE : DURATION INSTRUCTION : : THIS EXAMINATION PAPER CONSISTS OF SEVEN (7) PAGES CONFIDENTIAL BWM 30603
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GasEnhance device will take an automobile that gets 28 mpg and allow it to get 25% more mileage; that is‚ 35mpg. It REALLY works! Your cost to manufacture this product is $115.00 and installation (which is easy) requires about one hour‚ or about $60 for labor. What Kotler pricing strategy will you use‚ knowing that your competition has a similar product that will likely use a slightly different technology and that will be out in 120 days? Rumor has it that their product will provide 35% more mileage.(Points
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Chapter #10 International Monetary System: Institutional arrangements that countries adopt to govern exchange rates. Floating exchange: exists when a country allows the foreign exchange market to determine the relative value of a currency. Pegged exchange rate: means the value of the currency is fixed relative to a reference currency. Fixed exchange: rate system exists when countries fix their currencies against each other. Value of the currency: is determined by market forces. The gold
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Let re-learn some stuff and earn some points back. These are questions missed by most of you on the exam. You can only earn up to a maximum of 120 points total (your exam 1 score + what you earned here). One point per correctly answered question (20 points) 1. Oxidative phosphorylation requires all of the items listed below except a. ATP synthase in the correct position in the membrane. b. The flow of electrons from NADH to protein in the membrane. c. A matrix more positively charged
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