Legislative rules by an administrative agency do not have the force of law

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Juan is faced with multiple choices of suppliers who have the same product at virtually the same price. He also knows there are many more suppliers out there that would be comparable; however, he has a short amount of time to make up his mind, so he chooses Elrood Gasket's product. Why type of decision does this represent?

A. groupthink B. confirmation C. bounded D. satisficing E. programmed

Business

Firms that can develop substitute materials for finite nonrenewable resources have an excellent opportunity

Indicate whether the statement is true or false

Business

The four marketing management functions are analysis, planning, implementation, and control

Indicate whether the statement is true or false

Business

Assume that a corporation has 1,500 shares of $20 par, 10% preferred stock and 1,000 shares of $10 par common stock outstanding. The amount available to dividends is $10,000 . How much of the dividend is for preferred stock?

a. $10 b. $1,500 c. $1,000 d. $2,500 e. $3,000

Business