Jonathon's family makes a point to sit down to dinner together every night. This is an example of folkways, which are characterized as:
a) abstract ideas about what a group believes to be a good, right, and desirable
b) a group of people who share a common set of values and norms
c) norms that are central to the functioning of society and to its social life
d) the routine conventions of everyday life
Ans: d) the routine conventions of everyday life
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Which of the following is true about the Consumer Price Index (CPI)?
A. It helps product markets place an upper limit on the pay an organization will offer. B. Following and studying changes in the CPI helps employers prepare for changes in the demands of the labor market. C. It helps organizations lure top-quality employees. D. The CPI helps control labor market's demand for pay increases. E. It helps organizations to compete with companies in other industries that hire similar employees.
More goods and services are sold in the ________ market than in the ________ market
A) domestic; international B) business-to-business; consumer C) consumer; producer D) industrial; business-to-business E) e-commerce; Internet