MARKETING HELP ASAP!?

[banys]

A computer game that can be purchased online and played right away has good ________ utility. (Select the best answer.) (Points : 1)
Form
Information
Value
Time


2. Hours of labor or number of workers are common ways of measuring a company's _________? (Select the best answer.) (Points : 1)
Division of labor
Productivity
Use of technology
Diminishing returns


3. A company's ________ tells you how much money the company has left over after subtracting all expenses. (Select the best answer.) (Points : 1)
Net profit
Gross profit
Revenue
Cost of goods sold


4. ___________ is the ability of a product to satisfy a customer. (Select the best answer.) (Points : 1)
Economic utility
Value
Purchasing power
Outsourcing


5. Which of the following is a variable cost for a company that makes bread? (Select the best answer.) (Points : 1)
The rent for a warehouse
Bread ingredients
An oven
A salaried worker


6. If your company has a large production-related task, such as assembling an airplane, what strategy could help you increase productivity? (Select the best answer.) (Points : 1)
Generalization
Decreasing your use of technology
Raising prices
Division of labor


7. Which of the following is a fixed cost for a company that sells greeting cards online and mails the printed cards to customers? (Select the best answer.) (Points : 1)
The paper and glue to make the cards
Hourly workers who assemble and ship the cards
Packaging and shipping costs
A paper cutting machine


8. Which type of utility can only be added by the maker of the product? (Select the best answer.) (Points : 1)
Place utility
Possession utility
Form utility
Time utility


9. Your company buys a car, and its value goes down over time. What is that process called? (Select the best answer.) (Points : 1)
Leasing
Depreciation
A unit of sale
Interest


10. Which of the following is part of the cost of goods or services sold for a company that paints people's homes? (Select the best answer.) (Points : 1)
Paint
Flyers to promote the company
A van to travel to people's homes
Fuel for the van


11. If productivity increases significantly and demand is not very elastic, what is likely to happen? (Select the best answer.) (Points : 1)
The number of consumers will increase.
Fewer workers will be needed.
Division of labor will decrease.
Demand will increase.


12. How is the value of a product determined? (Select the best answer.) (Points : 1)
By the amount a consumer is willing to pay for it
By how much it cost the producer to make
By its variable costs
By the number of workers who were involved in making it


13. The law of diminishing returns is often used to analyze the ideal amount of which factor of production? (Select the best answer.) (Points : 1)
Capital
Land
Entrepreneurship
Labor


14. Which of the following is a way to increase possession utility for a refrigerator? (Select the best answer.) (Points : 1)
Creating brochures about the product
Providing a delivery service
Expanding the store hours
Making a Web site with information about the product


15. Economies of scale give an advantage to what type of company? (Select the best answer.) (Points : 1)
A company with a small number of employees
A company that makes many sales
A company with many variable costs
A service-based company