Which of the following is one of the nonrational models of decision making?
A. Boundary
B. Classical
C. Goal displacement
D. Satisficing
E. Attitudinal
D. Satisficing
Three nonrational models are (1) satisficing, (2) incremental, and (3) intuition.
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Which of the following is an advantage of inside selling?
A) Inside selling is less expensive than in-person selling. B) Inside salespeople need to be in the office. C) Inside salespeople spend more time selling to major accounts. D) Inside salespeople focus on systems contracts. E) Outside reps free inside salespeople to convert new major prospects.
When looking to international financial investments, investors are more likely to think long term, making international markets more stable than a national market.
Answer the following statement true (T) or false (F)
A defense contractor has just started producing engines for a new government contract. The first engine took 800 hours to produce. If the learning curve is 80%, how long will it take to produce the first 20 engines?
A) less than or equal to 1000 hours B) from 1000 to 8000 hours C) from 8000 to 8500 hours D) from 8500 to 10000 hours E) 10,000 or more hours
The concept of viability of a fetus is an important factor in the issue of legality of abortion
Indicate whether the statement is true or false