A local bank has determined that the daily balances of the checking accounts of its customers are normally distributed with an average of $280 and a standard deviation of $20

a. What percentage of its customers has daily balances of more than $275?
b. What percentage of its customers has daily balances less than $243?
c. What percentage of its customers' balances is between $241 and $301.60?


a. 59.87%
b. 3.22%
c. 83.43%

Business

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In 2014, the EU filed a complaint that the government of Washington state violated international trade rules by:

A) charging that cotton subsidies depressed prices and disadvantaged producers in emerging markets. B) prohibiting Internet gambling, the United States was violating global trade agreements. C) imposing 30 percent tariffs on a range of steel imports for a period of three years. D) imposing tariffs on a range of products imported from Brazil. E) extending tax incentives to Boeing for in-state manufacture of the 777x jetliner.

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Briefly describe how salespeople and firms are applying CRM technology to prospecting.

What will be an ideal response?

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For a particular company's resource or capability to have real competitive power and perhaps qualify as a basis for competitive advantage, it should

A. be something that a company does internally rather than in collaborative arrangements with outsiders. B. be patentable. C. be an industry key success factor and occupy a prime position in the company's value chain. D. be hard to copy, be rare and something rivals lack, be competitively valuable, and not be easily trumped by substitute resource strengths possessed by rivals. E. have the potential for lowering the firm's unit costs.

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________ is the activity of collecting, storing, and physically distributing products to buyers.

Fill in the blank(s) with correct word

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