Each year, the Federal Open Market Committee holds eight regularly scheduled meetings to make decisions about open market operations.

Answer the following statement true (T) or false (F)


True

Each year, the Federal Open Market Committee holds eight regularly scheduled meetings to make decisions about open market operations, although they do hold additional meetings when the need arises. See 2-2: Managing the Economy through Fiscal and Monetary Policy

Business

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Frequency programs are designed to reward customers who buy frequently and in substantial amounts

Indicate whether the statement is true or false

Business

A work cell is an autonomous production line that can perform only one required operation efficiently at a time

Indicate whether the statement is true or false

Business

The affordable method of setting an advertising budget depends on the total revenues of a company

Indicate whether the statement is true or false

Business

Which of the following is an example of a performance objective a sales manager might set for his sales force?

A) Each salesperson must call on three new prospects each week. B) Each salesperson should belong to a community service organization. C) Each salesperson should have at least $400,000 in net sales annually. D) Each salesperson must get at least one referral from each customer. E) Each salesperson must make a follow-up call within 48 hours of a sale.

Business