Which of the following is not a step toward purchasing an automobile?
A. Analyze needs versus wants
B. Determine affordability
C. Make a preliminary offer
D. Shop for financing
Answer: C
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If a manager prefers investments with greater risk even if they have lower expected returns, then he is following a ________ strategy
A) risk-seeking B) risk-indifferent C) risk-averse D) risk-neutral
In aggregate planning models, which of the following statements are correct?
a. The number of workers available influences the possible production levels. b. We allow the workforce level to be modified each month through the hiring and firing of workers. c. We eventually allow demand to be backlogged; that is, demand need not be met on time. d. All of these choices are correct.
A feasible solution is a(n) ___________ if there are no other feasible solutions with a better objective function value in the immediate neighborhood
a. efficient frontier b. local optimum c. global maximum d. diverging function
Which of the following types of businesses makes up the largest sector of the US economy??
A. ?small business B. ?microbusiness C. ?lifestyle business D. ?attractive small firm