Which of the following statements is true of structural capital?
A) It consists of electronically documented knowledge of a company's operations.
B) It consists of hierarchical relationships that an organization's employees maintain amongst one another.
C) It consists of structured relationships that a company's employees maintain with their clients.
D) It consists of the knowledge of an organization that cannot be documented.
A
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There has been a renewed interest in ________ marketing because their definitive mail dates and customer identifiers are easier to track.
Fill in the blank(s) with the appropriate word(s).
Steve defaults on a car loan secured by his car and guaranteed by both Sam and Dave. Subrogation would allow Sam, who paid Steve's full obligation to:
a. repossess the car. b. collect from Dave. c. collect from Steve. d. All of these.
Becky Lewis financed the construction of a garage on her lot with a 9.3% add-on interest home improvement loan from the Guaranteed Savings Bank. The total price of the garage was $11,860 and was financed with equal monthly payments for 6 years. a. What is the total deferred payment price of the garage? b. How much are the monthly payments on the loan? (Round to the nearest cent)
Answer the following statement(s) true (T) or false (F)
1. When monetary value is not the sole measure of the true worth of the outcome to the decision maker, monetary value should be replaced by utility. 2. Utility is the term for a measure of the total worth or relative desirability of a particular outcome. 3. As long as the monetary value of payoffs stays within a range that the decision maker considers reasonable, selecting the decision alternative with the best expected value usually leads to selection of the most preferred decision. 4. The expected utility is the utility of the expected monetary value. 5. A risk avoider is a decision maker who would choose a guaranteed payoff over a lottery with a superior expected payoff.