For a product such as staples, which of the following determines whether it is a consumer product or a business product?
A. Quantity purchased
B. Use of the product
C. Basic function the product provides
D. Whether it is purchased for cash or credit
E. Need satisfied
Answer: B
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Because we have two samples when testing the significance of the difference between two percentages instead of the one that we worked with for a hypothesis test, the standard error term is calculated differently, called the standard error of the
difference between two percentages. Indicate whether the statement is true or false
Charts must be updated periodically to reflect new job arrivals and revised time estimate. This statement is a limitation of ______.
A. assignment method B. control charts C. Gantt load charts D. Gantt sequence charts
Which of the following statements is CORRECT?
A. A time line is not meaningful unless all cash flows occur annually. B. Time lines are not useful for visualizing complex problems prior to doing actual calculations. C. Time lines cannot be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly. D. Time lines can only be constructed for annuities where the payments occur at the end of the periods, i.e., for ordinary annuities. E. Time lines can be constructed where some of the payments constitute an annuity but others are unequal and thus are not part of the annuity.
The current direct exchange rate is $1.2963/ €. The anticipated annual inflation rate is 2% in the United States and 5% in the Euro zone. What is the forward exchange rate?
A) $1.2117/€ B) $1.2593/€ C) $1.3344/€ D) $1.3776/€