Joe borrowed $10,000 at 10% per year and promised to pay it back in equal annual installments at

the end of each of the next 5 years. Joe's payment will be $2,100 [($10,000/5 ) + ($10,000 × 10%)].

Indicate whether the statement is true or false


FALSE

Business

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Database marketing is ideal when a company does not have direct contact with its customers

Indicate whether the statement is true or false

Business

______________________ emphasizes repetitive, narrowly defined tasks be performed by workers to achieve high output.

Fill in the blank(s) with the appropriate word(s).

Business

To close the customer gap, the gaps model of service quality suggests that the ________ gaps need to be closed.

A. 4 Ps B. Provider C. Value D. Service dimensions E. Services marketing

Business

If a contract that was lacking in consideration is performed by the parties, the parties cannot subsequently assert lack of consideration to undo the performed contract

Indicate whether the statement is true or false

Business