How do you identify the customer needs your venture should address?

a. By observing and talking to customers
b. Asking the competitors
c. Looking it up on the Web
d. Calling your customers on the phone


a. By observing and talking to customers

Business

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A pension plan is underfunded if the projected benefit obligation exceeds the fair value of the pension plan assets.

Answer the following statement true (T) or false (F)

Business

Exhibit 13-2 On January 1, 2017, the Clutz Company purchased 30% of the 1,000,000 shares of Nancy's common stock for $15,000,000 when 30% of Nancy's net assets totaled $12,000,000. The excess of purchase price over the underlying assets was attributable to undervalued depreciable plant assets with a remaining useful life of ten years. Nancy reported net income of $8,000,000 and paid cash

dividends of $2,000,000 during 2017. ? Refer to Exhibit 13-2. What should the income reported by Clutz during 2017 from its investment in the Nancy Company be? A) $ 600,000 B) $2,100,000 C) $2,400,000 D) $2,900,000

Business

Oriental Reproductions, Inc. is a company that produces handmade carpets with oriental designs. The production records show that the monthly production has ranged from 1 to 5 carpets. The production levels and their respective probabilities are shown below. Production Per Month Probability 1 0.01 2 0.04 3 0.10 4 0.80 5 0.05 The expected monthly production level is

A. 1.00. B. 4.00. C. 3.00. D. 3.84.

Business

________ ________ involves the computerized search for meaningful trends in a large amount of data.

Fill in the blank(s) with the appropriate word(s).

Business