By the end of 2012, Groupon had more than 40 million users in 48 countries. More than half of Groupon's Web site visitors live in the United States
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FALSE
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Kola is a chain of supermarkets across the country. Kola's sales staff treat their customers very well, which in turn creates great customer satisfaction. Which of the following is most likely to be the sustainable competitive advantage of Kola?
A. Unique merchandise B. Price C. Customer service D. Ethical business practices E. Location
For products that are sold nationwide, the relevant geographic market is the entire globe
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The following 6%, $1,000 notes were issued on November 1. Which of the following is the correct method of calculation for the interest accrued as of December 31 of the same year on each of the notes described?
A. Interest on a 3-month note is calculated as: $1,000 × 6% × 2 / 3. B. Interest on a 4-month note is calculated as: $1,000 × 6% × 2 / 4. C. Interest on a 2-year note is calculated as: $1,000 × 6% × 2 / 24. D. Interest on a 4-month note is calculated as: $1,000 × 6% × 2 / 12.
A disadvantage of the application service provider (ASP) model is that it is highly expensive
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