91) Which of the following is correct about litigating commercial disputes?
A. Nearly all states have specialized trial courts that hear commercial disputes.
B. In all states, commercial disputes must be heard in a limited-jurisdiction court.
C. 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.
D. A few states have established specialized trial courts for commercial disputes.
E. Commercial disputes, because of their specialized nature, are first heard at the appellate court level.
92) Which article of the United States Constitution deals with the judicial power of the federal government?
A. Article I.
B. Article V.
C. Article IV.
D. Article III.
E. Article II.
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. the demand curve becomes steeper.
C. consumers respond to a lower price by buying more.
D. firms make less of the product available for sale.
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 substitution effect.
C. the rationing function of markets.
D. the income effect.
95) Which of the following is NOT a function of functional area information systems?
A. provides information to managers in the functional areas
B. provides analysis capabilities to middle level managers and staff
C. provides data from business events to the corporate database
D. provides information mainly in the form of reports
E. supports the managerial tasks of planning, organizing, and controlling operations
96) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.
A. physical, financial
B. digital, e-commerce
C. physical, digital
D. digital, physical
E. e-commerce, digital
97) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information technologies.
A. globalization
B. regionalization
C. business environment
D. nationalization
98) A _____ scale is a scale that scores an object or property without making a direct comparison to another object or property.
A. Sorting
B. Rating
C. Recording
D. Categorization
E. Ranking
99) The quartile deviation is:
A. In squared units of the original data.
B. The square root of the variance.
C. Appropriate only for symmetric distributions.
D. Based on the middle 50 percent of the observations.
100) Marketing research is now about a ________ billion industry globally.
A. $10
B. $21.5
C. $7.5
D. $16.5
E. $50
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
