4. You must decide between job offers from CPM Construction and Fudd Associates. Both companies concentrate on sustainable commercial construction, have similar fringe benefits and offer comparable salary increases. CPM Construction offers you a $20,000 sign-up bonus, while Fudd Associates will give you $30,000 after 3 years in the job. Which offer would you take

Your take on decision making process

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.