In order to open up your new business you need to take out a loan. First Bank charges 6% compounded quarterly, and Second Bank charges 6.5% compounded semi-annually. From which bank would you prefer to obtain your loan?
A) First Bank
B) Second Bank
C) Indifferent
A
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A(n) _____ is required when it is not possible to exploit expertise by coupling quantitative data from a database with decision models.
A. decision support system B. what-if analysis C. expert system D. sensitivity analysis
According to research by management scholar Paula Caliguri, a growing number of corporate employees are taking ______ assignments in international corporate social responsibility (CSR) programs that range from three to six months, with release time and compensation sponsored by the company.
Fill in the blank(s) with the appropriate word(s).
Customer A generates $12,500 (on average) of annual sales for a supplier with a profit margin of 15%. Customer B generates $18,750 (on average) of annual sales for the supplier with a profit margin of 10%. Assume a 7% discount rate and that each customer has an expected lifetime of 5 years. Which customer has a greater customer lifetime value?
a. Customer A b. Customer B c. Customer A and B have roughly equivalent lifetime values d. Cannot be determined from the information given
Which of the following statements about selling to organizational buyers is true?
A. The buyer's individual needs can be ignored when there is multiple buying influence. B. A purchasing manager's emotional needs should be emphasized along with his economic needs. C. Purchasing managers are usually more emotional than final consumers. D. Sellers should try to avoid purchasing managers, since they usually can't make the final buying decision. E. All these statements are true.