The binomial random variable is the number of successes that occur in a fixed period of time

Indicate whether the statement is true or false


F

Business

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Starting points

A. are usually learned or inferred as negotiations get under way. B. are given up as concessions are made. C. are usually contained in the opening statements each negotiator makes. D. are not known to the other party.

Business

Which of the following is a common mistake that prevents a salesperson from making a successful sales call?

A. Asking too many open-ended questions. B. Being too accommodating to the prospect. C. Making overly assertive closing statements. D. Not recognizing when or how to close. E. Expecting the prospect to take an active role in the presentation.

Business

Using the point method of job evaluation requires that managers

A. employ either a standardized program or customize a point method to fit their particular jobs. B. compare the job descriptions against the various factor-degree descriptions. C. link point totals to the wage curve. D. rank jobs by compensable factors.

Business

They have found a very nice town house available for $200,000. Assuming a 20% down payment and a 30-year fixed rate mortgage at 6.65%, what will their PITI be? Annual property taxes are $2,400 and homeowner's insurance premium is $900 per year

Hector a Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi-national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make $8,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans and $700 in car loans, and their credit cards payments average $450 per month. They currently lease a luxury condo for $1,400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. A) $1,027.14 B) $1,283.93 C) $1,302.14 D) $1,558.93

Business