John Madrid put $1,000 into a mutual fund yielding an 18% annual rate of return. Using the Rule of 72, calculate approximately how long it will take for the investment to double in value
A) Three years, four months
B) Three years and seven months
C) Four years
D) Four years and four months
E) Five years
Answer: C
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What is a common reason why it might be necessary for a speaker to define new terms or ideas for the audience?
a. The topic is uninteresting, and definitions will make it more exciting. b. The topic is technical and complex. c. Most of the audience speaks a different language. d. Most of the audience has never heard of the topic.
Van is using his wrench as a hammer when the wrench breaks and a piece flies off, injuring his neighbor who is helping Van change a tire on Van's car. If Van sues the tool manufacturer, its best defense will be:
a. consent. b. warranties have been disclaimed. c. product misuse. d. that the claim is an economic loss only.
Steve has brought a grievance to his union, which plans to arbitrate it on his behalf. Management has proven conclusively that the grievance is groundless and, therefore, does not have to arbitrate the grievance.
Answer the following statement true (T) or false (F)
By skillfully using ________, global marketers can tie positive meanings to their products, services, and brands to enhance their attractiveness to consumers.
A. ethnic emblems B. trademarks C. cultural symbols D. brand names E. visual icons