Author: Anonymous

The book talks about eating at McDonalds as being elastic; but choosing a Doctor, especially if you are in need of emergency surgery, as being inelastic. 

Style is the aggregate behavior, thoughts, beliefs and symbols, or [answer1] of an organization.

Microeconomic trends focus on larger scale issues in the economy, such as GDP and Unemployment.

Please state one of the five forces in Michael Porter’s Five Forces Theory? [answer1] Is this theory more internally or externally based? [answer2]

What do Economic Theorists say happens to the price of Hershey stock when gas prices rise?  Which way does the Hershey stock go?

What are the benefits of scaling your business, per Alex Beckers’ reasoning? Do you agree or disagree with his recommendations on how to scale?

The policy that describes the Federal Reserve Bank lowering / raising interest rates is [answer1]. 

The point where supply equals demand is known as the point of

“Tickle me Elmo”, and “Kanye Wests’ sneakers” were examples of [answer1] supply and [answer2] demand.

According to the BCG matrix, although “cash cow” seems to imply cash is being generated, actually, none is.