A person who knows that an instrument is overdue or has been dishonored cannot become a holder in due course

Indicate whether the statement is true or false


True

Business

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When making the decision on a product's price, the manager must consider

A) all products at the same time. B) the minimum price that will produce a profit. C) only cost-based information. D) the product's total variable costs.

Business

Which choice best describes the information that should be disclosed related to derivative contracts?

a. Fair value b. Notional amount c. Both of these d. Neither of these

Business

A seldom used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage is

A. outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, or technological superiority. B. focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche. C. striving to be the industry's low-cost provider, thereby aiming for a cost-based competitive advantage. D. developing competitively valuable resources and capabilities that rivals cannot easily match, copy, or trump with capabilities of their own. E. copying the attributes of a popular product or service.

Business

Acme Global sent 100 workers to training to decrease defects on the assembly line. In the past year, there have been 2,000 defective products created at a cost of $100 each. In the year following training, only 1,000 defective products were created. Training cost $100 per worker. What is the ROI on the training?

What will be an ideal response?

Business