Which of the following is not considered a category in the distribution industries?
A) Manufacturing
B) Wholesaling
C) Retailing
D) Transportation
E) Communications
Question 2 - Suppose IBM decided to issue commercial paper in denominations of 5,000 to raise a large sum of money. Since the commercial paper is secured only by IBM's reputation,
A) IBM does not have to pay back the principal.
B) IBM has to pay interest rates higher than those charged by commercial banks for short-term loans.
C) no interest is paid.
D) no collateral is involved.
E) the commercial paper can be issued only in 1,500 or 10,000 denominations.
Question 3 - When John returned a shirt he had purchased at JCPenney for a refund, he essentially reversed the effect of which type of utility?
A) Form
B) Possession
C) Time
D) Transfer
E) Place
Question 4 - In an effort to expand its business, music retailer MovNow offers DVD rentals online. In order to spot trends in consumer interest, MovNow has decided to evaluate the data of the hyperlinks that customers click on when they visit its website. This is an example of how a company can obtain _____ data.
A) secondary
B) foreign
C) integrated
D) primary
Question 5 - Approximately what percentage of the jobs in the United States do small businesses provide?
A) 5 percent
B) 10 percent
C) 30 percent
D) over 50 percent
E) nearly 90 percent
Question 6 - Commercial paper usually is issued
A) for 3 to 7 years.
B) for short-term financing by large corporations.
C) for short-term financing by small businesses.
D) by large corporations unable to get credit elsewhere.
E) by savings and loan associations.
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