The distinction between a normal and an inferior good is a. normal goods are used for the same purposes while inferior goods are used together. b. when income increases, demand for a normal good decreases while demand for an inferior good increases. c. when income increases, demand for a normal good increases while demand for an inferior good falls. d. normal goods are used together while inferior goods are used for the same purposes.

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Which is one solution to levy the complexity of the global matrix strategy with added customer-focused dimensions?

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.