The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000 . What is the probability that a randomly selected individual with an MBA degree will get a starting salary of at least $30,000?
a. 0.4772
b. 0.9772
c. 0.0228
d. 0.5000
b
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When a consumer considers a product or service, he or she will choose whichever product or service delivers the highest ________
A) customer-perceived value B) customer-perceived cost C) customer profitability analysis D) customer equity E) customer lifetime value
Which of the following is true of the competitor impact in the decline stage of the product life
cycle? A) Few competitors are attracted to declining markets. B) Direct competition begins in earnest making distinct value proposition critical. C) Possible price reductions will be required to react to competitor actions. D) Indirect competition places ceiling on the prices of products.
In the general environment, many relationships exist among the various elements. General environmental trends can have positive and negative impacts on various industries. For example, the aging population might have a ________ impact on the health care industry and a ________ impact on the baby product industry. These are called ________ impacts.
A. negative; positive; sociocultural B. positive; negative; demographic C. positive; negative; technological D. negative; positive; demographic
Operating leases often have terms that include
A. maintenance of the equipment by the lessor. B. full amortization over the life of the lease. C. very high penalties if the lease is cancelled. D. restrictions on how much the leased property can be used. E. much longer lease periods than for most financial leases.