How much would you be willing to pay (rounded to the nearest dollar) for a 20-year ordinary
annuity if the payments are $4,500 per year and you want to earn a rate of return equal to 5.5% per
year?
A) $63,445 B) $84,500 C) $56,734 D) $53,777
D
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Which of the following strategies is suggested to help build strong interpersonal business relationships?
A. Spend time in conversations strictly pertaining to business concerns or topics and avoid personal discourse. B. When you will be having ongoing contact or doing repeat business, follow the customer's lead. C. Share confidential information about the organization in order to build trust and respect. D. Assume a quicker familiarity with people from different cultures.
In the classic linear approach, identify the stage of the new product development process where a competitor is most likely to learn about the new product
A) idea generation B) testing and concept development C) business analysis D) initial design and concept screening
The impact of group norms and values and informal activities on the organizational environment is known as the:
a. Leadership climate b. Formal organization c. Organizational culture d. Learning climate
The sale of an exporter's accounts receivable on ordinary goods, with the balance of the payment due upon delivery or soon after is
A. time draft. B. factoring. C. consignment. D. forfaiting. E. banker's acceptance.