Pure services, offer few, if any tangible products to customers.

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


True

Business

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Objections are classified into two categories: maximum and minimum.

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

Business

Write the risk factor constraint

An investor has $80,000 to invest in three stocks, stock A costs $100, stock B costs $120 and stock C costs $80. Each stock A has a risk factor of 8, each stock B has a risk factor of 10 and each stock C has a risk factor of 7. The investor believes that the sum of the risk factors for all stocks purchase should not exceed 6000. The projected annual growth rate for the three stocks are 9%, 13% and 8% respectively. The projected annual dividend income from these stocks are as follows: Stock A: $14/stock, Stock B: $15/stock, and Stock C: $20/stock. The investor desires an annual dividend income of $10,000. The investor has established the following goals in order of their importance: (1) The investor believes that the budget cannot be exceeded. (d1) (2) The risk factor should not exceed the target amount of 6000. (d2) (3) The average annual growth rate in stock prices must be at least 10%. (d3) (4) The investor desires a dividend income of at least $10,000. (d4)

Business

In a bailment, the

a. bailor must own the bailed property. b. bailed property must be personal property. c. title to the goods is temporarily transferred. d. bailee must be an adult.

Business

The ultimate objective of the European Union is to:

A. increase imports into European Union countries. B. have a single government that represents all European Union countries. C. develop separate custom duties for member countries. D. eliminate all trade barriers among member countries.

Business