The small oval on a line in an E-R diagram means that the relationship must have an entity of that type

Indicate whether the statement is true or false


FALSE

Business

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Which of the following statements is true?

A) Offensive strategic market plans require investment for growth, which limits long-run profit performance, but does not limit sales revenue. B) Defensive strategic market plans promote short-run profit performance but are not that effective in growing sales revenue. C) In the long run, all market strategy will shift from an offensive strategic market plan to a growth-oriented plan. D) Offensive strategic market plans are geared to deliver above-average performance in the areas of sales growth, share position, and improved short-run profits. E) Defensive strategic market plans are not geared towards the protection of market share.

Business

Warren, Inc purchased a $400,000 life insurance policy on the company president on January 1, 2017. The premium that was paid on January 1 amounted to $11,600. In the first year, cash surrender value increased by $900 and dividends received by Warren from the insurance company for the year amounted to $300. What was Warren's insurance expense for 2017?

A) $10,400 B) $11,000 C) $12,500 D) $12,800

Business

Jan is trying to reallocate resources in a time-constrained project to create smoother resource utilization. She should first identify activities with the

A. Most slack. B. Smallest duration. C. Lowest identification number. D. Least slack. E. Highest cost.

Business

Which of the following decrease(s) with increasing output?

A. sales commissions B. total cost C. total fixed cost D. total variable cost E. average fixed cost per unit

Business