Which of the Following Statements Is True of Goods

question 32

Multiple Choice

Which of the following statements is true of goods

• A) Goods-producing industries rely on machines and hard technology to perform work.
• B) Goods-producing employees require stronger behavioral skills than physical skills.
• C) The demand for goods is more difficult to predict than the demand for services.
• D) Durable goods are those that are no longer useful once they are used.

Recognize Ulrich Beck’s theory on the entwinement of nature and society and the concept of reflexive modernity.

Identify the impacts and consequences of modernity as described by sociologists like Anthony Giddens and Zygmunt Bauman.

Understand the role of information technology in modernity according to Manuel Castells.

Grasp the concept of risk societies and the management of risks in modernity.

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Definitions:

Incremental Sales

The additional sales generated by a particular marketing campaign or business decision, beyond what would have been achieved without it.

Operating Expenses

Costs that are related to the day-to-day operations of a business, such as rent, utilities, and payroll, excluding cost of goods sold.

Capital Budgeting

The act of strategizing and overseeing a corporation's extensive investments in ventures and assets over an extended period.

Straight-Line Depreciation

A technique for distributing the cost of a physical asset across its lifespan in uniform yearly payments.