________ research consists of information other people have collected
A) Primary
B) Exploratory
C) Secondary
D) Integrated
E) Tertiary
Answer: C
Explanation: C) Secondary research consists of information other people have collected.
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Which of the following asset categories would include the cost of clearing land and removing unwanted buildings?
A) land B) buildings C) land improvements D) machinery and equipment
When evaluating international markets, the marketing manager should
A. consider the whole "foreign market" as a segment. B. not worry very much about segmenting because marketing concepts are not very well developed in most other economies. C. treat each foreign market as a separate segment. D. use broad criteria, such as geographic region or stage of economic development, to define submarkets before further segmenting. E. focus primarily on consumer markets because foreign business markets are in general too risky.
Compute the reorder point when weekly demand is 100 units, lead time is 2 weeks, the desired service level is 98% (which corresponds to 2.06 standard deviations from the mean) and the standard deviation of demand during lead time is 30 units.
The materials manager for a billiard ball maker must periodically place orders for resin, one of the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a rate of 50 kilograms each day, and that it costs $.04 per day to carry a kilogram of resin in inventory. She also knows that the order costs for resin are $100 per order, and that the lead time for delivery is four (4) days. Assume 365 days in a year. A) 125 units B) 262 units C) 75 units D) 187 units
Which of the following statements regarding the break-even point for paying discount points in order to get a lower interest rate on the loan is correct?
A. All else equal, the break-even point for paying points on an original mortgage is longer than the break-even point for paying points on a refinance. B. All else equal, the break-even point for a taxpayer paying points on an original mortgage is longer when the taxpayer's marginal income tax rate increases in the years subsequent to the original financing compared to a taxpayer whose marginal tax rate does not change in the years subsequent to the year in which the loan is executed. C. All else equal, the break-even point for paying points on an original mortgage is longer for a taxpayer who does not make extra principal payments each year on the loan than for a taxpayer who does make additional principal payments each year on the loan. D. None of the choices are correct.