AE stands for allowable error

Indicate whether the statement is true or false


FALSE

Business

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Relocating production to low-wage countries is a viable strategy for sustainable competitive advantage

Indicate whether the statement is true or false

Business

What areas would be explored under the “T” phase of TRIM?

a. who needs to be on the start team b. the assets needed to start the business c. the benefits of your product d. knowing who your customer will be

Business

Julia Staines entered into an agreement with Cellco for the provision of a cell phone

The agreement which she signed provided as follows: Late payment charge increase Due to an increase in the prime interest rate, effective January 1, 2008, Cellco increased the amount it charges on overdue accounts to 1.25% per month or 16.07% per year. Julia had possession of the cell phone for only three months when she started missing the due dates for payment of the charges she incurred. Julia decided to review her statement from Cellco and saw that she was being charged interest of 1.25% per month. She has decided to challenge the amount charged for interest in Court. Which of the following statements applies to the situation? A) no interest should be charged on her account B) the rate of interest charged is legal C) the rate of interest charged breaches the Canada Criminal Code D) the rate of interest cannot exceed the prime interest rate E) this rate of interest would be considered a penalty

Business

______ is the company’s value after it receives a round of financing.

a. Post-money valuation b. Seed money valuation c. Pre-money valuation d. Startup valuation

Business