Peregrine Final Exam Solutions

Peregrine Final Exam Solutions 1. Which of the following is NOT a strategic alternative to laying off employ- ees? 1. implementing a restricted hiring policy 2. downsizing the workforce 3. lowering employment standards 4. mandating reduced hours: 3. Lowering Employment Standards 2. KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity?: 173,310 3. The Marketing Concept today is about what? 1. Sales 2. Relationships 3. Aggressive advertising 4. Price: 1. Sales 4. Which of these is not a cash flow activity category in the Statement of cash flows? 1. operating. 2. investing. 3. financing. 4. depreciating.: 4. Depreciating 5. Which one of the following statements is false? 1.TC = TFC + TVC 2. ATC = AFC + AVC 3. AFC = TFC divided by Q 4. MC = TC divided by Q: 3. AFC = TFC divided by Q 6. The ratio that explains how efficiently companies use their assets to gener- ate revenue. 1. Receivables turnover ratio 2. Asset turnover ratio 3. Income ratio 4. Quick ratio: 2. Asset Turnover Ratio 7. The sum of the squares total (SST) 1. measures the total variability in X about the mean. 2. measures the total variability inY about the mean. 3. measures the variability in X about the regression line. 4. measures the variability inY about the regression line.: 4. Measures the variability in Y about the regression line. 8. This strategy sacrifices responsiveness to local markets in favor of effi- ciency. Microsoft, for example, offers the same software programs around the world but adjusts the programs to match local languages. 1. Multinational strategy 2. Global strategy 3.Transnational strategy 4. Multidomestic strategy: 2. Global 9. Another Time Around helps young inner city kids develop products they can make and sell to earn money for college. What concept best describes this?: cause marketing 10. Lauren is an HR manager at a marketing firm. Which of the following functions is LEAST likely to be an aspect of Lauren's job? 1. Employee and labor relations 2. Staffing 3. Employee staffing 4. Product testing: 4. Product Testing 11. Local area networks (LANs) are used to .: integrate services to a single building or campus 12. In June 2015, American steel companies United States Steel Corp., Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel Industries filed a complaint with the Department of Commerce and the ITC alleging that China (and other countries) were selling steel in the U.S. market at prices lower than their own markets.This practice is known as: Dumping 13. Dumping is considered:: The sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter. 14. Marginal revenue is equal to:: Marginal cost 15. The primary purpose of employer branding is to . 1. promote employee benefits 2. encourage mentions in social media.