Staples are consumer products that are sold in places like gourmet shops and health food stores, because convenience is not important to the customer.
Answer the following statement true (T) or false (F)
False
Convenience products, like staples, are bought often, routinely, and without much thought.
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Michael Porter's value chain would identify which of the following as a support activity?
A) shipping out final products B) marketing products C) procurement D) servicing products E) operations
Natural resources are assets that include standing timber, mineral deposits, and oil and gas fields.
Answer the following statement true (T) or false (F)
Which of the following is normally considered an essential term of a contract?
A) The subject matter B) The price C) The terms of payment D) Both A and B E) All of the above
What is the expected rate of return on a bond that matures in 5 years, has a par value of $1,000, a
coupon rate of 11.5%, and is currently selling for $982? Assume annual coupon payments. A) 12.0% B) 12.7% C) 12.5% D) 13.4%