_________ occurs when people are so busy doing things they cannot plan or lead effectively. a. Task duration b. Task limitation c. Task saturation d. Task surrender ANSWER C
Date: September 9th, 2020
Ala carte cable service could overcome inefficient motives that arise when programs can be bundled by cable service providers. Indicate whether the statement is true or false ANSWER T Bundling allows inefficient outcomes that ala carte service would avoid.
Date: September 9th, 2020
Price-cap regulation not only motivates cost control, it can also motivate socially desirable pricing. Indicate whether the statement is true or false ANSWER T By breaking the monopoly’s demand curve connection between price and quantity, price-cap regulation can motivate an approach to Ramsey pricing.
Date: September 9th, 2020
The Telecommunications Act of 1996 brought financial well-being to telecommunications firms. Indicate whether the statement is true or false ANSWER F The years after passage of the Telecommunications Act were not financially successful for many telecommunications firms.
Date: September 9th, 2020
_________ is a thinking and information-gathering process involving a series of decisions. a. Planning b. Acting c. Sequencing d. Brainstorming ANSWER A
Date: September 9th, 2020
Ramsey prices for a budget-constrained (breakeven) multi-product firm will allow the same welfare loss per dollar of contribution to fixed costs for every product. Indicate whether the statement is true or false ANSWER T Optimal prices for the multi-product firm, which must exceed marginal costs in order to yield enough contribution to cover fixed […]
Date: September 9th, 2020
Currently major telecommunications companies are more insulated from competition than they were in the times leading up to passage of the Telecommunications Act of 1996. Indicate whether the statement is true or false ANSWER F Competition for wireline companies looms from wireless companies and both such companies face competition from Internet telephony.
Date: September 9th, 2020
Decisions have history. The _________ Model shows the importance of reference groups. a. Re-invent b. Elbing c. Chain d. Central-satellite ANSWER B
Date: September 9th, 2020
When short-term concerns (deadlines) create priorities and longer range management needs are driven out, this part of: a. McGregor’s Law b. Gresham’s Law of Planning c. Dorsey’s Principle d. Lucien’s Law ANSWER B
Date: September 9th, 2020
If two telephones can connect to a central switch, those connection services are complements. Indicate whether the statement is true or false ANSWER T Together, those connections allow conversation to occur so the services complement each other.
Date: September 9th, 2020
