Netflix's NetMatch is a software agent that uses data mining tools to sift through a database of more than 3 billion film ratings, as well as through customer rental histories
Indicate whether the statement is true or false
FALSE
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Competition in an industry tends to drive rates of return on invested capital up towards the level of "perfect competition."
Indicate whether the statement is true or false
According to Sigmund Freud's theory, a person's buying decisions are ________
A) easily revealed through online marketing surveys and questionnaires B) affected by motives that the person is completely aware of C) always driven by the need for status and independence D) motivated by needs that are arranged in a hierarchy E) affected by subconscious, hidden motivations
Which of the following is an advantage of internal recruiting?
A. The pool of applicants is significantly smaller B. We can lower training costs for skilled positions by hiring someone with the requisite skills C. The pool of applicants is significantly larger D. We are more likely to find workers with specific technical skill sets E. The recruit will be able to learn more about the “big picture” of the company and become more valuable
A force majeure clause:
A) Excuses performance in the event of a natural disaster. B) Creates a third-party beneficiary. C) Requires that the performance meet the personal satisfaction of the promisee. D) Prohibits assignment of contract rights. E) Operates as a delegation of duties.