Jamil invested $9,500 in an account he expects will earn 5% annually. Approximately how many years will it take for the account to double in value?
a. 8.8
b. 9.7
c. 10.8
d. 11.4
e. 14.4
E
72/5 = 14.4
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Referring to Table 11.3, the yen cost of purchasing 100 British pounds is roughly
a. 18,000 yen. b. 19,000 yen. c. 20,000 yen. d. 21,000 yen.
Retailers can reduce the delivery gap by
A. setting service standards based on internal operations rather than customers' perceptions. B. providing standardized rather than personalized services for purchases involving high risk. C. providing employees the necessary skills and knowledge. D. setting service goals that are broad and intangible. E. dwelling primarily on the negative aspects of customer problems.
At the outset of negotiations using a new agent, the agent should have the discretion to design and develop the negotiation process and have authority to make a binding commitment on substantive issues.
Answer the following statement true (T) or false (F)
Which of the following statements is true of the accord that will be supervised by the World Trade Organization (WTO)?
A) It promotes the practice of requiring high local content of materials for manufactured products, such as cars. B) It addresses a "social dimension" through the establishment of uniform labor and Social Security regulations. C) It does not allow any internal tariffs among the member states. D) It prohibits member countries from placing limits on the quantity of imports.