Peregrine Exam - Answers 100% Correct | Grade A Question: Lauren...

Peregrine 2024 / 2025 Exam Questions and Verified Answers 100% Correct | Grade A

Question:

Lauren is an HR manager at a marketing firm. Which of the following functions is LEAST likely to be an aspect of Lauren's job?

• Employee and labor relations
• Staffing
• Employee staffing
• Product testing

Answer:

Product Testing

Question:

Local area networks (LANs) are used to _____.

• link computers that are geographically far apart
• provide communication services spanning several cities or states
• connect various wide area networks in metropolitan areas 1 / 3

• integrate services to a single building or campus

Answer:

integrate services to a single building or campus

Question:

In June 2015, American steel companies United States Steel Corp., Nucor Corp., Steel Dynamics Inc., ArcelorMittal USA, AK Steel Corp., and California Steel Industries filed a complaint with the Department of Commerce and the ITC alleging that China (and other countries) were selling steel in the U.S.market at prices lower than their own markets. This practice is known as

• Tacit collusion
• Collusion
• Price fixing
• Dumping

Answer:

Dumping

Question:

Dumping is considered:

• Repackaging a product currently being sold in a foreign country.
• Collecting and destroying products before they contaminate the market for

the brand. 2 / 3

• The sale of an exported product at a price lower than that charged for the

same or a like product in the "home" market of the exporter.

• Offering a bribe to a foreign official for the purposes of opening markets.
• Combining a poorly selling product with a new product.

Answer:

The sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.

Question:

Marginal revenue is equal to:

• the change in total revenue associated with a change in quantity.
• marginal cost.
• the change in total profits associated with a change in quantity.
• total revenue divided by its output.

Answer:

Marginal cost

Question:

The primary purpose of employer branding is to ________.

• promote employee benefits
• encourage mentions in social media.
• / 3