An annuity pays $10 per year for 98 years. What is the present value (PV) of this annuity given that the discount rate is 7%?
A) $85.60
B) $171.20
C) $142.67
D) $199.74
Answer: C
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Employees and customers are treated like a family at Bayou Seafood Café. Paul and Betsey, the owners, work to encourage unity to increase their employees' job satisfaction and commitment. At their café, Paul and Betsey have built a(n)
A. market culture. B. goal-driven agenda. C. bureaucracy culture. D. clan culture. E. adhocracy culture.
Which is a characteristic of fads?
A. They can move through the entire cycle in weeks. B. They typically register a gradual and unpredictable spike in sales. C. They peak slowly but then register a rather abrupt decline. D. They stay in the maturity stage for decades.
A manual payroll system is more efficient than an electronic payroll system
Indicate whether the statement is true or false
Which of the following is true of a good marketing information system?
A) It focuses solely on maximizing the amount of data generated irrespective of relevance. B) It typically uses only external sources of data in marketing research. C) It balances the information that a firm would like to have against what they really need. D) It develops a way of offering information about future plans of action that might not be very feasible or cost-effective. E) It eliminates the time-consuming task of assessing the information needs of a firm.