__________ Are Based on Technology That Mechanizes Production

question 136

Multiple Choice

__________ are based on technology that mechanizes production. New technologies, such as cars, computers, electric lights, stereos, and cell phones have stimulated many changes.

• A)Agrarian societies
• B)Industrial societies
• C)Horticultural and Pastoral societies
• D)Hunting and Gathering societies

Recognize the legal implications of agent actions, including unauthorized transactions and the disclosure of information.

Identify the circumstances under which an agency relationship terminates and the resultant rights of third parties.

Understand concepts of export controls and the legal responsibilities of export brokers in correctly classifying and reporting exports.

Analyze the rights and liabilities of parties in complex agency transactions, including unintended agency relationships and misrepresentation by agents.

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Definitions:

Institutional Memory

The collective knowledge and history held within an organization, enabling it to learn from past experiences and decisions.

Hidden Cost

Expenses not immediately apparent or obvious when purchasing or investing in something, often becoming clear later on.

Product Quality

refers to the characteristics of a product that determine its ability to satisfy stated or implied customer needs.

Service Quality

Refers to the measurement of how well a delivered service matches the customer's expectations.