No-fault insurance coverage pays the insured only if the insured was not at fault in an accident
Indicate whether the statement is true or false
FALSE
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Kevin Pinker is a freelance computer programmer who writes computer algorithms for companies such as SoftStar and BlueHill. SoftStar and BlueHill use these algorithms to make specific programs based on online market research
These programs are then sold to the online retailer, Abundon, which then sells them to individual consumers and businesses. Which of the following is a marketing intermediary in this chain? A) SoftStar B) BlueHill C) the consumer D) Abundon E) Kevin Pinker
Which budget is used to assesses managerial efficiency?
A) operational budget B) capital budget C) static budget D) flexible budget E) cash budget
Briefly explain Porter’s five-factor model of industry structure analysis.
What will be an ideal response?
Economies of scale are:
A. unit cost increases associated with learning effects. B. unit cost reductions due to inferior quality of products. C. realized when output is reduced to a minimum. D. realized when the selling price is equal to the cost price of the products. E. unit cost reductions associated with a large-scale output.