As Daphne's business grew, she needed to find a new way to manage payroll for her employees, so she researched payroll companies to see which one would best meet her needs. Daphne was involved in a new buy situation.

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


True

In a new buy situation, a customer purchases a good or service for the first time.

Business

You might also like to view...

According to Hofstede, achievement and success are dominant values in feminine cultures

Indicate whether the statement is true or false

Business

Kristine is conducting a job evaluation. She has identified benchmark jobs, analyzed and rank-ordered them. Next, she will compare all other jobs in the organization to the benchmark jobs to determine where each one fits in the rankings. Kristine is using the ______ method of job evaluation.

A. job ranking B. point-factor C. factor comparison D. job hierarchy

Business

The ________ measures the average time it takes to convert cash outflows into cash inflows from customers.

What will be an ideal response?

Business

If the equation E(ri) = rf + (rf + [E(rm) - rf] × ?i) is the linear equation for the Security Market Line, what portion represents the market risk premium for a stock that does not have a beta of 1.0?

A) ?i B) [E(rm) - rf] C) rf D) ?i ? [E(rm) - rf]

Business