Describing how a service stands out from its competitors would be what aspect of the marketing mix?
a. product
b. price
c. promotion
d. place
a. product
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Which of the following statements is CORRECT, assuming positive interest rates and holding other things constant?
A. Banks A and B offer the same nominal annual rate of interest, but A pays interest quarterly and B pays semiannually. Deposits in Bank B will provide the higher future value if you leave your funds on deposit. B. The present value of a 5-year, $250 annuity due will be lower than the PV of a similar ordinary annuity. C. A 30-year, $150,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage. D. A bank loan's nominal interest rate will always be equal to or greater than its effective annual rate. E. If an investment pays 10% interest, compounded quarterly, its effective annual rate will be greater than 10%.
A firm determines that its IRR for a new product is 12%. For which discount rate does it make sense to develop the product?
a. 9% b. 13% c. 15% d. 20%
The same item may be the object of both tangible and intangible property rights
Indicate whether the statement is true or false
Universally around the globe, women employees earn less than their male counterparts. Although the difference in pay rates varies dramatically from one country to the next, women typically earn _____ less than men according to the International Trade Union Confederation
A) close to 5% B) close to 10% C) close to 20% D) close to 30%