Once the decision is made to prepare a business plan, it should always be a comprehensive plan.
Answer the following statement true (T) or false (F)
False
Rationale: A dehydrated plan is best for situations of high uncertainty in the environment or when timing is critical to take advantage of a new opportunity.
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Which of the following groups of customers are characterized as skeptics, who wait to see whether the product or service will really deliver meaningful benefits?
A) innovators B) laggards C) early majority D) late majority E) early adopters
Under which of the following compensation systems is the agency compensation tied to performance?
A. fixed-fee system B. negotiated commission system C. cost-plus system D. straight-fee system E. incentive-based system
Compare the tracking error found in part (a) to the tracking error found for Portfolios A and B in Exhibits 25-1 and 25-2 . What can you say about the investment management strategy pursued by this portfolio manager?
What will be an ideal response?
Lloyd sold car floor mats to Mercedes dealerships. Then Mercedes began to include floor mats as standard equipment. Mercedes has a 10 percent share of the luxury car market
a. Mercedes has created an illegal tying arrangement because floor mats and cars are separate products. b. Mercedes has not created an illegal tying arrangement because it does not have significant power in the luxury car market. c. Mercedes has not created an illegal tying arrangement because it is not tying the two products together. d. Mercedes has created an illegal tying arrangement because it controls the market in floor mats.