Which of the following is not a good example of a substitute product that triggers stronger competitive pressures?
A. Coca-Cola as a substitute for Pepsi
B. wireless phones as a substitute for wired telephones
C. a salad as a substitute for French fries
D. video-on-demand services from a cable TV company as a substitute for going to the movies
E. snowboards as a substitute for snow skis
Answer: A
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The first continuous and organized research is believed to have been conducted in 1911 for ________ to be used ________
A) MRA; to sell its publications B) MRA; to locate outdoor billboards in the best locations C) Curtis Publishing Company; to better sell advertising space D) Curtis Publishing Company; to determine the optimal mix of cable TV channels on which to advertise E) Charles Coolidge Parlin; to determine pay scales for employees
Federal grant programs encourage ______.
A. organizational autonomy B. outsourcing administrative costs C. collaboration between nonprofit organizations D. the hiring of workers from unemployment lists
To settle debts of general partnerships and sole proprietorships, creditors have a claim on the owners' business and personal assets
Indicate whether the statement is true or false
Yesterday, Mars Inc. borrowed $225,000 from its bank at a simple interest rate of 12 percent. The loan is for nine months and the loan agreement requires the interest to be added to the amount borrowed and the total amount to be repaid in monthly installments. What is the loan's approximate annual percentage rate (APR).
A. 17.59% B. 16.20% C. 21.60% D. 15.83% E. 16.99%