Retail Investment Company offers to sell a certain mall to Shopping Stores, Inc., if it accepts before 10 a.m. Monday. A contract is formed if Shopping Stores' acceptance is received
A. any time on Monday.
B. before 10 a.m. Monday.
C. before 11 a.m. Monday.
D. within twenty-four hours of 10 a.m. Monday.
Answer: B
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Which of the following stages of the classic linear approach of a new product development process is related to continuous updating and refinement of products and services?
A) idea generation B) life-cycle management C) business analysis D) initial design and concept screening
You are planning for an early retirement, so you decide to invest $5,000 per year, starting at age 23. You plan to retire when you accumulate $1,000,000. If the average rate of return on your investments is 8%, which formula in B4 will allow you to determine how many years you must invest?
a) =NPER(B3,-B2,0,B1)/23
b) =NPER(B3,-B2,0,B1)*23
c) =NPER(B3,-B2,0,B1)
d) =NPER(B1,-B3,0,B2)
A country may place a limit on the volume of imported citrus fruit that is allowed. This is an example of a(n) ________
A) quota B) tariff C) customs duty D) fine E) excise duty
Demand influences new product introductions and product portfolio planning. This statement is applicable to which functional area?
a. supply chain b. finance c. marketing d. human resources