The process of ________ works from a generalization to a specific conclusion
A) intuitive reasoning
B) deductive reasoning
C) conventional reasoning
D) inductive reasoning
E) emotional appeal
Answer: B
Explanation: B) Deductive reasoning starts with a generalization and ends with a specific conclusion. An example of deduction can be seen in a train schedule. If all of the trains have been 15 minutes late today, you might expect the 5:30 train to arrive at 5:45.
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What is the root concept of "value chain analysis"?
A. product uniqueness B. value maximization C. high quality standards D. cost reduction E. high performance standards
The World Trade Organization, which came into existence on January 1, 1995, is the successor of another organization with the abbreviation:
A) DSB. B) GATT. C) FTAA. D) NAFTA. E) ASEAN.