Mr. Jones borrows $4,500 for 90 days and pays $75 interest. What is his approximate effective rate of interest?

A) 9.3%
B) 6.7%
C) 11.7%
D) 1.7%


B) 6.7%



Business

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BigFive Inc. has been known for its excellent customer service since its start more than 40 years ago. The company carefully selects employees based on their combination of skills and commitment to the company's values of service and quality. How does BigFive's selection process contribute to the company's high performance?

A. BigFive's selection process avoids the use of psychological testing. B. BigFive focuses on outcomes that can be defined in specific terms. C. BigFive can benefit from the use of teamwork and employee empowerment. D. BigFive's employees have more technical skills than competitors' employees have. E. BigFive's employees not only know how to do their work but also are enthusiastic and committed.

Business

Which nonverbal cue can indicate deception?

a. having straight posture b. maintaining eye contact c. looking down at the floor d. touching the other person gently

Business

When taking a physical inventory under the retail method, it is necessary to know only the quantity of items on hand

Indicate whether the statement is true or false

Business

Who created the formula for the expectancy theory?

a. B. F. Skinner b. David McClelland c. Victor Vroom d. J. Stacy Adams

Business