Ned was just about ready to begin his market research when an unknown rival launched a similar product in the market. Ned's best course of action would be:
A. to go ahead with the research to support future decisions.
B. to wait and see how well the rival's product sells.
C. to dispense with the research and launch his own product.
D. to scrap his original product idea and come up with something else.
Answer: B
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Linda Moore is a commission salesperson whose territory for the last nine years has been the entire state of Virginia. Through hard work she has greatly increased her company's business in the region. Now her manager has decided to split the state into two territories. Moore can most likely expect to:
A. earn less sales revenue. B. earn more sales revenue. C. receive additional key accounts. D. be fired from her job. E. gain more customers.
Philosophers have found that the most effective way to develop dependable and universal methods for making ethical judgments is to fashion a priori guidelines
a. True b. False Indicate whether the statement is true or false
?If the yield to maturity (the market rate of return) of a bond is less than its coupon rate, the bond should be:
A. ?selling at a discount; i.e., the bond's market price should be less than its face (maturity) value. B. ?selling at a premium; i.e., the bond's market price should be greater than its face value. C. ?selling at par; i.e., the bond's market price should be the same as its face value. D. ?a floating-rate bond yielding market adjusted interest. E. ?an indexed bond that adjusts interest payments on the basis of an inflation index.
Which of the following is the correct expression for the effective annual rate (EAR)??
A. ?(1 / Periodic rate of interest)number of borrowing (interest) periods in one year- 1 B. ?(1 + Periodic rate of interest)number of borrowing (interest) periods in one year- 1 C. ?(1 - Periodic rate of interest)number of borrowing (interest) periods in one year- 1 D. ?(1 + Periodic rate of interest)number of borrowing (interest) periods in one year + 1 E. ?(1 - Periodic rate of interest)number of borrowing (interest) periods in one year + 1