"Thermos" is a generic mark

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In bankruptcy proceedings, creditors who do not have collateral pledged behind their debt will be paid only if there are funds remaining after other creditors have been paid.

Answer the following statement true (T) or false (F)

Business

Firms focusing on responsiveness tend to

A) locate facilities close to the market they serve. B) locate facilities very far from the market they serve. C) find the lowest cost location for their manufacturing facilities. D) select a high-cost location to be able to react slowly.

Business

If the payoffs are in monetary terms, the expected value of the payoffs is often referred to as ______.

A. expected profit value (EPV) B. expected loss value (ELV) C. expected returns value (ERV) D. expected monetary value (EMV)

Business

Greta, the owner of House Mouse Cleaning Services, must be physically present when she cleans a house or office. The need for her presence as the service is performed is an example of the intangibility of services.

Answer the following statement true (T) or false (F)

Business