If the demand for a particular housing style increases, the principle of supply and demand indicates
A) the price will likely decrease.
B) the supply will immediately increase.
C) the price will likely increase.
D) affordability will prohibit any change in price.
Answer: C) the price will likely increase.
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Morboro Energy, Inc. is a large chain of fuel stations in Europe. The company decided to expand its business by incorporating restaurants and automobile service stations as a part of its fuel outlets. This is an example of ________
A) lateral marketing B) brand extension C) market development D) internal marketing E) brand personification
During a union organizing campaign, which of the following requirements must be fulfilled to qualify for an NLRB-sponsored election?
a. The employer must request the NLRB to conduct the election. b. There should be more than 1000 employees in the bargaining unit. c. 30 percent of the workforce should sign authorization cards. d. The employer must prove that the union organizers are engaging in unfair labor practices.