A mortgage where the interest owed changes in response to movements in a specific market-determined interest rate is called a(n)
A) HELOC.
B) fixed-rate mortgage.
C) adjustable-rate mortgage.
D) second mortgage.
Answer: C
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In terms of implementing a diversity initiative, a “change agent” differs from the typical manager in that the change agent ______.
a. works more one-on-one to improve diversity b. has authority over diversity initiatives for the entire organization c. has firing authority to remove negative elements d. is exclusively a human resources department individual
Cavalier Enterprises elects to hold no safety stock. Their service level is therefore ________
Fill in the blank(s) with the appropriate word(s).
Consider a small southern town where almost half the residents are African Americans and the rest whites. Nearly all of the residents can trace their ancestors' arrivals in the community back at least four generations. This town is an example of a:
A. market aggregation B. mass market C. psychographic target market D. metropolitan statistical area E. multicultural society
Explain the difference between random sampling and stratified random sampling. Provide an example of each.
What will be an ideal response?