One of the shortcomings of direct marketing is that the firm cannot easily measure the response
Indicate whether the statement is true or false
FALSE
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The law of sales of goods is codified in Article 3(A) of the Uniform Contracts Code.
Answer the following statement true (T) or false (F)
Top-Shelf Construction discovered that for every 1 percent decrease in its sales, its earnings before interest and taxes (EBIT) decrease by 3.2 percent. Based on this information, we know that Top-Shelf Construction has a:
A. debt/assets ratio equal to 3.2 times its debt/equity ratio. B. degree of operating leverage (DOL) equal to 3.2. C. current ratio (= Current assets/Current liabilities) equal to 3.2. D. degree of total leverage equal to 3.2. E. degree of financial leverage (DFL) equal to 3.2.
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 minutes. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. Determine the percentage of time the employee at the service booth will be idle.
a. 17% b. 44% c. 12% d. 43%
According to the model of power influence presented in the leadership text, the effectiveness of influence tactics is affected by
A) strategies, rules, and procedures B) aspirations, motivations, and skills C) leader traits, leader behaviors, and the situation D) consideration and initiating structure