Which of the following actions will DECREASE the present value of an investment?
A) Decrease the interest rate.
B) Decrease the future value.
C) Decrease the amount of time.
D) All of the above will decrease the present value.
Answer: B
Explanation: B) PV =
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In most cases, you must be a manager or executive in a company in order to influence the quality of customer service
Indicate whether the statement is true or false
Expenses originate from
a. using an asset or recognizing liabilities. b. incurring liabilities or providing services to customers. c. collecting cash from customers. d. paying off liabilities.
TQM can be used in
a. merchandising firms. b. service firms. c. manufacturing firms. d. all of these.
Which of the following is an advantage of enterprise resource planning (ERP) systems?
A) It is inexpensive to implement. B) It provides financial benefits only to small companies. C) It replaces separate software systems, such as sales and payroll. D) Its implementation requires a small commitment of time and people.