Which of the Following Statements Is Not Correct

question 19

Multiple Choice

Which of the following statements is not correct?

• A) After 1870, Bismarck was uninterested in more territory for the German Empire.
• B) For Bismarck, the isolation of France was paramount.
• C) Bismarck thought a war between Austria and Russia would benefit Germany by weakening archrivals.
• D) Bismarck wanted to moderate tensions between Austria and Russia.
• E) Bismarck forged complex alliances.

---

Definitions:

Fixed and Variable

Terms referring to costs within a business, where fixed costs do not change with the level of production or sales, while variable costs vary directly with the level of production.

Merchandising Value Chains

The sequence of activities and processes a product undergoes from production to being sold to the end consumer in retail.

Service Firm

A business that primarily offers intangible products, such as expertise or services, rather than physical goods.

Overhead Cost

Overhead Cost comprises indirect expenses related to the overall operations of a business, including costs not directly tied to specific products or services.