In the diagram of the decision tree, what lies at the bottom, the roots? a. The basic decision b. The alternatives c. Resources d. Values ANSWER D
Date: September 9th, 2020
Access can be very important in restructuring industries. Indicate whether the statement is true or false ANSWER T Access can give opportunity to other suppliers of service, and thereby it can allow a form of competition, which restructuring is intended to cause.
Date: September 9th, 2020
The public enterprise usually pursues a well defined purpose with exact controls over its behavior. Indicate whether the statement is true or false ANSWER F The purpose of a public enterprise can be quite vague and to the extent it is controlled by a break-even constraint it has wide scope to arrange its activities, […]
Date: September 9th, 2020
According to the book, the characteristic way an individual or family manages resources is shaped by 5 forces, which of the following is not one of them. a. Psychological/personality b. Economic c. Technological d. Cognitive ANSWER D
Date: September 9th, 2020
The rate-of-return regulated public utility has a strong profit-seeking motive. Indicate whether the statement is true or false ANSWER F In the typical case, the public utility is limited in the profit it can earn, and it can earn that profit quite easily (it is a monopoly), so it need not strive hard to […]
Date: September 9th, 2020
The ______________ Resource Model illustrated in the book shows the interdependence of resources, how they exchange. a. Foa & Foa b. Elbing c. Hertford & Myers d. Eccles & Ward ANSWER A
Date: September 9th, 2020
The rate-of-return regulated public utility can have incentive to use more capital than is efficient relative to other inputs. Indicate whether the statement is true or false ANSWER T The rate-of-return regulated public utility earns profit based on how much capital it uses, and if the return it is allowed to earn per unit […]
Date: September 9th, 2020
_________ is the value, worth, applicability, productiveness or usefulness of a resource. a. Utility b. Marketability c. Credit d. Cache ANSWER A
Date: September 9th, 2020
The rate-of-return regulated public utility can have incentive to price some services too high and others too low, relative to efficient prices. Indicate whether the statement is true or false ANSWER T As in its tendency to favor capital over other inputs, the rate-of-return regulated public prefers to sell services that require more capital. […]
Date: September 9th, 2020
According to the book, the most likely time for women’s friendships to fall off is between the ages of: a. 15-20 b. 25-40 c. 45-50 d. 51-60 ANSWER B
Date: September 9th, 2020
