The Rule of 72 is a rule of thumb for estimating the interest rate necessary to double your money, given a period of time
Indicate whether the statement is true or false.
Answer: TRUE
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________ refers to personal communication between a seller and a customer who wants the seller to resolve a problem with a purchase.
A. Customer service B. Personal selling C. Publicity D. Sales promotion E. Advertising
Joanne Spitz gives a landlord $100 to hold an apartment for a day while the landlord has a written lease prepared overnight containing a rental clause for $800 per month
The next day on the way to sign the lease, she sees another apartment much cheaper that she wants, and wants to cancel the first deal. Which of the following statements is true bout the $100 payment? A) It is a down payment and the landlord can only claim any actual loss. B) It is a down payment and is lost on cancellation by Joanne C) It is a deposit and is lost on cancellation by Joanne D) It is a deposit and must be given back to Joanne on cancellation. E) It is a deposit but the landlord can only keep it if he has actual loss because of the cancellation.
Implementing a lean system:
A) has the advantage that workers have less stress because of the routine, repetitive work they perform. B) typically relieves the workers and first-line supervisors from activities such as scheduling, expediting, and productivity improvements. C) requires an examination of the reward system to make sure it is consistent with the JIT philosophy. D) involves the reorganization of material flows to that of a flexible flow.
Gimn Sphere, a content development firm, rents a small building and moves its marketing team there to make room for new content developers. The new building is smaller than Gimn Sphere's main office, with smaller cubicles and a poor heating system. The marketing team members are unhappy with the new environment, which directly affects their productivity. In the given scenario, the marketing team is most likely facing _____ to communication.
A. organizational barriers B. perceptual barriers C. physical barriers D. language barriers