All customers will eventually voluntarily shift from high-contact delivery environments to new electronic channels

Indicate whether the statement is true or false


False

Business

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Formulate the appropriate objective function for this scenario

The college director of global activities was hopeful that the print ads in the school newspaper and 30 second spots on the campus radio station would spur some interest in the array of study tour and study abroad options he had secured. The communications director for the college had other ideas; she favored a social media campaign consisting of tweets and facebook postings. "This is the most ridiculous thing I ever heard of," he whined to the dean. The communications director's market research revealed the following: Medium Exposure Cost Newspaper 5,000 $500 Radio 3,000 $250 Twitter 700 $25 Facebook 200 $15 The advertising budget is $3500, but there is no requirement that all the money be spent. The newspaper has only four issues before the end of the semester, but the radio is a 24/7 operation and has two dozen 30 second slots available. Facebook postings must be alternated with the rest of the mindless drivel posted on the college page; thus there is space for only three postings before the end of the semester. Twitter is complicated by the 140 character requirement. The communications director feels she needs five tweets to convey a single message about tours and semesters abroad, so for one message, the cost would be $25 for each of the five components of the single ad. Due to thumb fatigue, she feels that she has only 2800 characters left in her thumbs before the end of the semester. (A side note - During the intersession period, she plans to embark on a strict regimen of thumb yoga to prepare for the coming semester.)

Business

The pairwise comparison approach:

A) Is a method to split the weights assigned to subcriteria. B) Is a method to compare pairs of hierarchies prior to any further analysis. C) Is a means of achieving all project objectives within the allocated time frame. D) May be used instead of AHP if time is limited.

Business

To be negotiable, an instrument must be payable in money.

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

Business

Why is it not a good idea to rely on your income statement to run your business?

A. The income statement records cash when it comes into the business. B. The income statement adds non-cash expenses back to the business's earnings. C. The income statement deducts non-cash expenses, such as depreciation, even when no cash is actually flowing out of the business. D. The income statement usually contains errors that other statements don't have.

Business