At the start of 2014, one share of Berkshire Hathaway's A-shares was trading at over $150,000. ________ in an mutual fund gives a small investor access to these shares
A) Liquidity intermediation
B) Denomination intermediation
C) Diversification
D) Managerial expertise
B
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Quality of a service should not be determined with reference to customer perceptions
Indicate whether the statement is true or false
Which form of advertising is designed to influence demand for a specific brand?
a. Institutional advertising b. Advocacy advertising c. Competitive advertising d. Pioneering advertising
Nonverbal communication includes movements, gestures, postures, and ______.
a. sounds b. speech patterns *c. artifacts d. accents
Acme is exploring two locations for a new plant to supply product for a government contract. They dispatch a team of industrial engineers and cost estimators to the Minneapolis-St
Paul area of Minnesota and to Kennewick-Pasco-Richland area in Washington. After conducting some tests, the teams return with some unusual findings, the Minneapolis-St. Paul workers seem to obey classic learning effect rules; their learning rate is 80% and is based on a doubling of output. They are much slower than their counterparts at the other site; it is estimated that the first batch units they assemble will take them 700 hours. The workforce in the Kennewick-Pasco-Richland area is much faster; their first batch will take only 470 hours. Strangely, these workers also exhibit learning effects, but their learning is based on a tripling of output rather than the traditional doubling and their rate is 78%. How many batches must be made before Minneapolis-St. Paul's time falls below Kennewick-Pasco-Richland's?