The factors that influence the selection of market channels include

A. taxation policies.
B. the local market and product.
C. local legislation.
D. claims made by channel pirates.


Answer: B

Business

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Which of the following is NOT a measure of a queue's performance?

A) average time spent in the queue B) average queue length C) probability that the service facility will be idle D) utilization factor for the system E) All of the above are performance measures.

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Patty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promises to pay Patty support of $200 per month for the next six months. Although Fred didn't ask her to, she quits her current job in order to devote full time to her studies for the next six months. Fred makes one payment and then stops with no explanation. If Patty sues, what is the likely result?

A. Fred would win, as he did not ask Patty to quit her job. B. Patty would win, as a contract was formed when Fred promised to pay her the support. C. Fred would win, as family members cannot sue each other for breach of an oral promise. D. Patty may win under the doctrine of promissory estoppel.

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Consider the following ANOVA table. ? Sourceof VariationSumof Squares Degreesof Freedom MeanSquare F Between Treatments2073.6 4 Between Blocks6000 5 1200 Error20 288 Total29 ? The null hypothesis is to be tested at the 1% level of significance. The null hypothesis should

A. be rejected. B. not be rejected. C. be revised. D. not be tested.

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According to Deming's philosophy, a bad batch of material purchased from a supplier is an example of a common cause of variation

a. True b. False Indicate whether the statement is true or false

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