Rudolph overhears Macy's plans to go skydiving over spring break. Not really knowing Macy, but figuring it's worth a chance, Rudolph rushes out and buys an insurance policy for $100,000 on Macy's life. Macy does in fact meet her demise jumping out of the airplane. Rudolph can collect the $100,000

a. True
b. False
Indicate whether the statement is true or false


False

Business

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A creditor protects her security interest in collateral against other creditors of the debtor and other third persons, including some buyers of the collateral, by perfecting the security interest.

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

Business

Which of the following is most useful for developing information that might lead to incremental innovations?

a. customer visit programs b. empathic design c. focus groups d. lead user research e. guided intuition

Business

Using the original design, a machine requires 12 hours of setup time. By redesigning the machine, the setup time is reduced by 25 percent. The cost per setup hour is $225. Calculate the reduction in nonvalue-added cost per setup

A) $675 per setup B) $225 per setup C) $450 per setup D) $800 per setup E) $2,025

Business

What is it called when a diversified company can add value by shifting capital from business units generating free cash flow to those needing additional capital to expand and realize their growth potential?

A. internal capital market B. shareholder value added C. economic value added D. cash cow benefits E. transaction cost valuation

Business