Question

Indicate whether the statement is true or false

Answer 1

TRUE
Explanation: The majority of your persuasive business messages will involve requests for action.

Answer 2

a

Answer 3

a

Answer 4

True

Answer 5

Answer: The nationally recognized brand already has customer trust and is already differentiated from competitors' products. Customers who like the soup probably have purchased it repeatedly. The new brand has none of that to offer at the outset. Setting a higher price on the established soup may make the product seem of higher quality. Conversely, an unfamiliar product may do better with penetration pricing—setting a low price to attract many customers and deter competition.
Explanation: In competitive pricing, price is determined in relation to rivals, factoring in other considerations such as market dominance, number of competitors, and customer loyalty.

Answer 6

Answer: D

Answer 7

c. internal risks that offer no strategic benefits.

Answer 8

a

Answer 9

Answer: A

Answer 10

C
Explanation: C) As a starting point, allot half of your available time for planning your message and one-quarter for writing it. That will leave one-quarter for completing your message.

Answer 11

Answer: E
Explanation: E) Funds stressing safety seek only modest growth with little fluctuation in principal value regardless of economic conditions. They include money market mutual funds and other funds that preserve the fund holders' capital and reliably pay current income.

Answer 12

B
Explanation: B) Type style refers to any modification that lends contrast or emphasis to type, including boldface, italics, underlining, and color.

Answer 13

Judeo-Christian ethics refers to the common set of basic values shared across both Jewish and Christian religious traditions. These include respecting property and relationships, respecting one's parents, and being kind to others.

Answer 14

B
Explanation: B) When you're granting a claim and the customer is at fault, use the body of the message to discourage future mistakes without insulting the customer.

Answer 15

Answer: A

Answer 16

True

Answer 17

Answer: C

Answer 18

An indexed annuity differs from a fixed annuity in that indexed annuity owners receive credited interest tied to the fluctuations of the linked index.

Answer 19

c) what materials are needed to complete the job.  (The bill of materials indicates how much material will be needed to produce one unit of the item.)

Answer 20

A

Answer 21

True

Answer 22

FALSE
Explanation: An advantage of buying a franchise is that the franchisor often provides initial training in operating the business to ensure that a franchise has a successful opening.

Answer 23

Answer: E
Explanation: Adjustable rate mortgage (ARM) is a mortgage that features variable interest rates over the life of the loan.

Answer 24

Answer: E

Answer 25

Answer: TRUE
Explanation: Suppliers use futures contracts to protect themselves from future price decreases.

Answer 26

Answer: C
Explanation: C) The ledger is the specialized record book or computer program that contains summaries of all journal transactions, sorted by specific categories.

Answer 27

a

Answer 28

Answer: D
Explanation: D) A survey of 2,500 university students in 11 countries found that 57 percent identified "attaining a balance between personal life and career" as their primary career goal.

Answer 29

Networking is the process of making informal connections with a broad sphere of mutually beneficial business contacts. Research suggests that it is currently the most common way that employees find jobs. Helpful networks are available in-person and online. You can find them by reading news sites, blogs, and other online sources, by participating in student business organizations, and by visiting trade shows that cater to the industry you're interested in. Volunteering in social, civic, and religious organizations can also help you create a network for yourself.

Answer 30

Joint Life Policy
A policy that promises to pay the face amount on the death of first of 2 lives covered by the policy is called a Joint Life Policy.

Answer 31

Answer: E
Explanation: Entrepreneurship is the spirit of innovation, the initiative, and the willingness to take the risks involved in creating and operating businesses.

Answer 32

Answer: E

Answer 33

A

Answer 34

Answer: B