Which of the following is a disadvantage of using secondary data?

A) Secondary data is generally not appropriate for consumer products.
B) Collecting secondary data is time consuming.
C) Few sources exist for secondary data.
D) Gathering secondary data is costly.
E) Relevant secondary data can be difficult to locate.


E

Business

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Describe the different skills needed at each of the three management levels.

What will be an ideal response?

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Which of the following refers to a technology approach that enables a more mobile, portable opportunity for salespeople by allowing access to software anywhere, as long as the individual is connected to the Internet.

A. The Internet B. Tablet C. GIS D. CRM E. The Cloud

Business

All other things being equal, as the time period for receiving an annuity lengthens,

a. the related present value factors remain constant. b. the related present value factors increase. c. it is impossible to tell what happens to present value factors from the information given. d. the related present value factors decrease.

Business

A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. The cost-minimizing solution for this product is to order:

A) all 4000 units at one time. B) 200 units per order. C) every 20 days. D) 10 times per year. E) none of the above

Business