1. Industries such as media buying, energy management and advertising agencies are classified as A.geographical hubs B.functional hubs C.vertical hubs D.horizontal hubs 2. Process of allowing flexibility for unanticipated events is classified as A. adaption B.adaptation C.adoption D.communication 3.Recognition of extrinsic and interpersonal influences emphasize on strengthening of A. corporate brand B.competitor?s brand C.supplier?s brand D.initiator brand 4. Purchases of schools, nursing homes, prisons and other institutions are classified as A. government markets B.consumer markets C.institutional markets D.business markets 5. In modified rebuy, suppliers who want to protect their business are classified as A. modified suppliers B.new suppliers C.in-suppliers D.out-suppliers

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1.Industries which is centered as plastics, chemicals and papers are classified as A.vertical hubs B.horizontal hubs C.geographical hubs D.functional hubs 2. Most geographically concentrated buyer is part of A. business markets B.consumer markets C.elastic markets D.inelastic markets 3. Business buyers convert all benefits and costs into A. corporate terms B.monetary terms C.approving terms D.influencing terms 4. Cost reduction approach states that product components can be redesigned without affecting performance is classified as A. product value analysis B.product performance analysis C.product cost analysis D.product marketing analysis

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1. In which process of water softening, ion exchange phenomenon takes place?

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1. In which process of water softening, ion exchange phenomenon takes place?

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1. It has been argued that the minimum wage prevents workers from investing in on-the-job training and discourages employers from providing specific training to low-income workers. Why would the minimum wage have an adverse impact on human capital accumulation for low-income workers?

2. Jill is planning the timing of her on-the-job training investments over the life cycle. What happens to Jill's OJT investments at every age if:

a. The market-determined rental rate to an efficiency unit falls?

b. Jill's rate of discount increases?

c. The government passes legislation delaying a mandatory retirement age until age 70?

d. Technological progress implies that much of the OJT acquired at any given age becomes obsolete within the next 10 or 20 years?

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