Two slot machines offer to double your money 3 times out of 5. Machine A takes $10 bets and Machine B takes $100 bets on each occasion. A risk-averse investor prefers to bet on ________

A) Machine A
B) Machine B
C) does not matter
D) none of the above


Answer: A

Business

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Which of the following statements is true of executional styles for advertising?

A. They often dictate which type of media is to be employed to convey the message. B. They are used in radio and television advertising and not in print or magazine advertising. C. They are seldom usedin advertisements for lower-risk, low-involvement, routine purchases. D. They require little or no modification for marketing campaigns for political candidates or issues.

Business

What, according to your textbook, is one of the great strengths of positivism?

a. It accepts that all research is driven by self-interest, and therefore is always biased b. It identifies the absolute truth behind all organizational phenomena c. It does not allow any theory to attain a status of self-evident truth – it is always possible the theory may be disproved in the future d. All of the above

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XYZ, a potential supplier to NASA, would typically submit an RFP (request for a proposal) to NASA in order to obtain a contract with this government agency

Indicate whether the statement is true or false

Business

If the most optimistic time for completing an activity is 2, the most likely time is 4, and the most pessimistic time is 7, then the estimated time for the activity is ______.

a. 4.17 b. 10.58 c. 5.83 d. 6.42

Business