The creditor on a mortgage is known as:

a. the bank
b. the debtee
c. the mortgagor d. the mortgagee
e. none of the other choices


d

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Gregory was talking with Kareem, his assistant manager, saying, "When I make a decision on which employees will do a project, I use three simple factors, which I call my decision-making 'rules of thumb.' I consider their attitude and knowledge, and how hard they work." Gregory's rules of thumb, _________, is what he uses when making a decision.

A. thought steps B. decision steps C. planning model D. the domino effect E. heuristics

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Which of the following is an advantage of adding new channels in a multichannel distribution system?

A) limiting market complexity B) reducing control over the system C) expanding sales and market coverage D) decreasing marketing needs and costs E) minimizing mass customization of products

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Students in statistics classes were asked whether they preferred a 10-minute break or to allow them go out of class 10 minutes early. In a sample of 150 students, 40 preferred a 10-minute break, 80 preferred going out 10 minutes early, and 30 had no preference. We want to determine if there is a difference in students' preferences. At the 1% level of significance, the null hypothesis should

a. be rejected. b. not be rejected. c. be revised. d. not be tested.

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Which of the following statements is TRUE about franchising?

A) Franchisees enjoy guaranteed minimum annual revenues based on their territory. B) Franchisors encourage franchisees to be independent and creative in running their operations. C) Franchisees have relatively lower risk than other small business start-ups. D) Franchisees don't need to pay royalty fees to their franchisors. E) All franchises restrict the location and number of their franchise locations.

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