Every year in the city of Phoenix there is a Home and Garden Show that is open to the public and features hundreds of exhibits from local companies about ideas for improving their homes and gardens. This Home and Garden Show is a _____.
A) promotion show
B) collection of samples
C) cooperative advertising venue
D) premium display
E) trade show
Question 2 - When machines and equipment do most of the work in a manufacturing plant, it is referred to as a mechanical-intensive process.
Indicate whether the statement is true or false
Question 3 - Computers, digital tools, and telecommunications are most likely to be part of the _____ dimension of a business environment.
A) economic
B) social
C) cultural
D) technological
Question 4 - If Japan were regarded as the best electronics manufacturer in the world, what would be true?
A) Japan would have a comparative advantage in electronics manufacturing.
B) Japan would have a positive balance of trade.
C) The United States would have a comparative advantage in electronics.
D) Japan would have an absolute advantage in electronics production.
E) Japan would have a trade deficit with the United States.
Question 5 - Jersey Mike's Sub Shop offers its customers a card to stamp each time they buy a sandwich. When the card is full, the customer can redeem it for a free sandwich. This sales promotion is a _____.
A) buying allowance
B) frequent-user incentive
C) coupon
D) premium
E) loyalty reward
Question 6 - Automation is characterized by low initial costs and high operating costs.
Indicate whether the statement is true or false
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