Which of the following would be considered an example of rent seeking? a. lobbyists securing spending policies that benefit their cause at the expense of taxpayers b. politicians trading favors that do not benefit the mass populace of voters c. when overregulation prevents the introduction of new drugs that could critically ill patients d. when economically justifiable programs are rejected because the benefit isn't immediately seen

answer; im thinking customer:

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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