How does China maintain such a low currency valuation?
a. By employing alien labor
b. By dumping currency into the economy
c. By utilizing old world technology
d. China's currency valuation is rising steadily - answer-b
Why do we (US) import so much Canadian oil?
a. It's better quality...
TTU ISQS 3344 Flamm - Exam 1 Review
How does China maintain such a low currency valuation?
a. By employing alien labor
b. By dumping currency into the economy
c. By utilizing old world technology
d. China's currency valuation is rising steadily - answer-✔b
Why do we (US) import so much Canadian oil?
a. It's better quality
b. Actually we don't import any oil from Canada
c. Our currency is higher in valuation than the Canadian dollar
d. They throw in good Canadian whiskey for every gallon of oil we buy from them
- answer-✔c
Why did productivity go up in 2008 - 09?
a. Workers got huge raises
b. Government spending increased sharply
c. Housing Bubble
d. Drug trade in the US dropped off
e. Many people went back to school - answer-✔c
, Why did employment numbers drop after WW 2?
a. Many quantitative techniques were perfected in the war
b. Women chose to become stay at home Moms
c. Demand dropped off sharply
d. Men back from the war didn't go back to their jobs - answer-✔a
A good core competency for a company to compete on cost?
a. High priced labor
b. Good relationship with outside contractors
c. Excellent R&D
d. Very strong union presence - answer-✔b
During 2007 - 08 SW Airlines utilized what very unusual strategy to increase
profit?
a. Low cost fares
b. Free meals on board
c. Free cocktails
d. Fuel hedging - answer-✔d
What is a good way to measure level of innovation?
A. Average length of time to develop new products/services
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller CleanA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $15.49. You're not tied to anything after your purchase.
