91) Which of the following is correct about litigating commercial disputes?
A. Commercial disputes, because of their specialized nature, are first heard at the appellate court level.
B. Nearly all states have specialized trial courts that hear commercial disputes.
C. A few states have established specialized trial courts for commercial disputes.
D. In all states, commercial disputes must be heard in a limited-jurisdiction court.
E. Businesses generally dislike the concept of specialized trail courts for commercial disputes because the large numbers of consumers who sue businesses in these courts have led the judges to become generally biased against business.
92) Which article of the United States Constitution deals with the judicial power of the federal government?
A. Article II.
B. Article I.
C. Article III.
D. Article V.
E. Article IV.
93) When an economist says that the demand for a product has increased, this means that:
A. quantity demanded is greater at each possible price.
B. firms make less of the product available for sale.
C. consumers respond to a lower price by buying more.
D. the demand curve becomes steeper.
94) When movie ticket prices increase, families tend to spend less time watching movies and more time at home watching videos instead. This best reflects:
A. diminishing marginal utility.
B. the income effect.
C. the rationing function of markets.
D. the substitution effect.
95) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.
A. digital, e-commerce
B. e-commerce, digital
C. digital, physical
D. physical, digital
E. physical, financial
96) Which of the following is NOT a function of functional area information systems?
A. supports the managerial tasks of planning, organizing, and controlling operations
B. provides information mainly in the form of reports
C. provides information to managers in the functional areas
D. provides data from business events to the corporate database
E. provides analysis capabilities to middle level managers and staff
97) The Global, Web-Based Platform enables individuals to do which of the following?
A. access information, services, and entertainment
B. exchange knowledge
C. connect, compute, communicate, collaborate, and compete everywhere and all the time
D. produce and sell goods and services
E. all of these answers are correct
98) Companies normally budget marketing research at ________ percent of company sales.
A. 2 to 3
B. 4
C. 1 to 2
D. 6.5
E. 10 to 12
99) The assignment of numbers or symbols to a property of objects according to value or magnitude is called _____.
A. Scaling
B. Weighing
C. Measurement
D. Sampling
E. Coding
100) A ________ has been defined as being a coordinated collection of data, systems, tools, and techniques with supporting software and hardware by which an organization gathers and interprets relevant information from business and environment and turns it into a basis for marketing action.
A. marketing intelligence system
B. marketing decision support system
C. marketing information system
D. marketing research system
E. database management system
Total 500 Questions from 5 set of actual exams (5 sets x 100 questions) with double checked answers
final exam str 581
str 581 final exam answers
str 581 final exam
str 581 final
100 % A+ Correct answers !! Double Checked str 581 final exam answers
str 581 final exam
str 581 final
