If a Decision Maker Has Trade Journals and Newspaper Clippings

question 55

Multiple Choice

If a decision maker has trade journals and newspaper clippings about other companies, they tend to work with:

• A) external information.
• B) internal information.
• C) detailed corporate information.
• D) summarized corporate information.

---

Definitions:

Medium of Exchange

A mechanism or item used to facilitate trade by avoiding the limitations of barter, such as currency or digital forms of money.

MV Rises

A notation that can imply an increase in the velocity of money, which is the frequency at which one unit of currency is used to purchase domestically-produced goods and services within a given time period.

PQ Falls

This term is not sufficiently defined to provide a clear and specific definition without additional context; it could potentially relate to a concept within economics, involving a decrease in quantity (Q) and price (P).

PQ Rises

Indicates an increase in the product of price (P) and quantity (Q), suggesting growth in total revenue or output.