Management, marketing and economics

Open-answer cards adapted from MMLU multiple-choice items: schools of management thought, organisational structure and decision making, strategy, marketing and retailing, public relations practice, and the basics of macro- and microeconomics.

91 fichas EN MIT

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  • Anverso What does Milton Friedman believe to be the sole responsibility of business?
    Reverso The only social responsibility of business is to its shareholders
  • Anverso Suppose consumers expect the price of corn to be lower in the near future while the price of seed corn and fertilizer fall. What will happen to the equilibrium price and the equilibrium quantity?
    Reverso The equilibrium price will fall while the equilibrium quantity is indeterminate
  • Anverso The relationship between the marginal revenue curve and the demand curve for a monopoly is most similar to the relationship between the marginal factor cost curve and what curve for a monopsony?
    Reverso Labor supply
  • Anverso What is the term for a sub-optimal but acceptable outcome of negotiations between parties?
    Reverso Satisficing
  • Anverso In the history of marketing, when did the production period end?
    Reverso In the 1920s

Licencia, fuente y atribución

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Licencia
MIT License MIT
Atribución
Source : https://people.eecs.berkeley.edu/~hendrycks/data.tar — Licence : MIT License (https://opensource.org/licenses/MIT)
Fuente
MMLU — Measuring Massive Multitask Language Understanding (Hendrycks et al., 2021)
Obtenido el
Tema
Humanidades
Idioma
English
Versión
3
Actualizado el

Este mazo se modificó al incorporarlo: Every MMLU question is a multiple-choice item: four options and a letter for an answer. Memoquiz resolved the letter, wrote the correct option out in full on the back and threw the other three away — a card answering “B” would teach nothing. Questions that do not stand up without their options were dropped: anything pointing at material the card does not carry (a figure, a table, a passage, a chapter, a scenario), anything naming the answer grid itself (“which of the following”, “which one of these”, bare “Which is…”), every comparative superlative (“best”, “most likely”, “least appropriate”), negative questions, questions whose answer is a number, a calculation, a true/false or a rank, and time-stamped wording (“currently”, “as of 2020”, “in the last two decades”). Whole subjects were left out for the same reason — calculation subjects, multi-paragraph case studies, dated world statistics, virology and the US general-trivia subject, which carries factual errors and extraction damage. What survived the filters was then read one question at a time, and what read badly was named and removed in the connector source. Retained questions are reproduced word for word; only mechanical repairs are applied — whitespace normalised, raw ligatures decomposed, flattened chemical formulas and units given their subscripts back (H2O → H₂O, kg/m2 → kg/m²), the trailing full stop of answers removed so punctuation does not change from card to card, and a capital restored on answers the source left in lower case. No word is rewritten. A second adversarial read of this deck removed sixteen further cards: two whose answer is wrong in the source (the national-accounts treatment of an imported purchase, and the characteristics of transactional leaders), one that duplicated another card's fact and answer, four carrying a corrupted proper noun or term (Hawthorn for Hawthorne, considerations for consideration), five whose text reached us damaged (a lost preposition, hyphen, comma or plural), and four whose one-word answer only made sense against the discarded option grid.

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