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  • Exam Number/Code : Principles-of-Management
  • Exam Name : Principles of Management at Western Governors University(IAC1)
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Tennis rackets and tennis balls are:
A. Complementary goods.
B. Independent goods.
C. Substitute goods.
D. Inferior goods.
Answer: A
Explanation:
Choice "d" is correct. Complementary goods are ones whose demand fluctuates together. If Good A and
Good B are complements, then if the demand for Good A increases, the demand for Good B will also
increase, tennis rackets and tennis balls are complements. Choice "a" is incorrect. For substitutive goods,
as the price of one of the goods increases, the other good experiences an increase in demand as it is
substituted for the first good. An example of substitute goods is apple and orange juice. Choice "b" is
incorrect. Independent goods have demand functions that are not interrelated. An example would be
bread and vacuum cleaners. Choice "c" is incorrect. Inferior goods experience a decrease in demand
when income levels rise. An example is hamburger, which experiences decrease in demand as incomes
rise and buyers switch to higher priced meats.

NEW QUESTION: 2
セグメンテーションルールを使用すると、特定の基準に基づいて1回限りの見込み客リストを取得できます。
A.
B.
Answer: A

NEW QUESTION: 3
True or False: When you create a new standard ledger from scratch, it's assigned to all company codes
by default.
A. False
B. True
Answer: A
Explanation:
A new standard ledger won't be assigned to any company codes until you manually make the
assignment and configure the ledger settings. If you create the ledger via copy, you can choose to copy
the assignments and settings from the original to the new one.

 

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Principles-of-Management Official Cert Guide | Customized Principles-of-Management Lab Simulation & Principles-of-Management Reasonable Exam Price - Cads-Group


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