If using Monte Carlo simulation, what is a typical number of iterations employed in the model?
A) 1
B) 10
C) 1,000
D) 1,000,000
C
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The first mental step of a prospect's buying decision is:
A. purchase. B. attention. C. conviction. D. desire. E. interest.
?Marketing is the process of
A. ?promoting products through personal selling and advertising to develop and maintain favorable relationships with customers and stakeholders. B. ?creating, distributing, promoting, and pricing products to facilitate satisfying exchange relationships with customers and to develop and maintain favorable relationships with stakeholders in a dynamic environment. C. ?delivering a standard of living to a society. D. ?creating, distributing, promoting, and pricing goods, services, and ideas to facilitate the achievement of the firm's objectives. E. ?focusing on customers' needs.
The National Association of Realtors' 2009 settlement with the Justice Department: A) Requires NAR to accept all licensed brokers and agents as members
B) Requires NAR to halt exclusive listing agreements. C) Requires NAR to eliminate its opt-out provision for web-only real estate brokers. D) Resulted in several NAR officials pleading guilty to antitrust violations.
Dure Corporation's cost formula for its selling and administrative expense is $24,500 per month plus $1 per unit. For the month of July, the company planned for activity of 7,200 units, but the actual level of activity was 7,160 units. The actual selling and administrative expense for the month was $31,460.The spending variance for selling and administrative expense in July would be closest to:
A. $200 F B. $240 F C. $200 U D. $240 U