The expected value of perfect information (EVPI) is irrelevant concept since perfect information is almost never available at any price.
Answer the following statement true (T) or false (F)
False
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Which of the following statements is true of personal service contracts?
A. Personal service contracts include destruction to subject matter that can result in nonperformance. B. Specific performance is generally granted for personal service contracts because it does not require a form of involuntary servitude. C. Personal service contracts are the only contracts that terminate with the promisor's death. D. Personal service contracts recognize commercial impracticability as an excuse when unforeseeable developments take place.
Answer the following statement(s) true (T) or false (F)
1. Extrinsic rewards can either increase intrinsic motivation, if the rewards are high, or decrease it if they are low. 2. The needs for competence and self-determination fall under extrinsic rewards. 3. Extrinsic rewards can both motivate and demotivate people. 4. Seniority-based pay encourages longevity and helps reduce turnover, but it also might be demotivating. 5. Profit sharing is a system whereby managers agree to share the benefits of cost savings with staff in return for their contribution to the company’s performance.
In which era of the marketing evolution did firms begin to focus on what consumers wanted and needed before designing, making, or selling a product?
A. creative production era B. market-oriented era C. production-oriented era D. sales-oriented era E. value-based marketing era
If the standard deviation is 3.4, the Z value is 1.95, and the expected date of completion is 38 months, then the due date for project completion is ______.
a. 44.63 months b. 62.78 months c. 32.55 months d. 24.50 months