If two events are mutually exclusive, what is the probability that both occur at the same time?
a. 0.00
b. 0.50
c. 1.00
d. This cannot be determined from the information given.
a
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Answer the following statements true (T) or false (F)
1. In the planning/control cycle, managers take corrective action by correcting deviations in the plan being carried out or by improving future plans. 2. Mr. Smith, CEO of an auto dealership, has been working on the two planning steps of the planning/control cycle with his managers. To do this, Mr. Smith and his managers need to make their plan and then carry out the plan. 3. Donna's Restaurant is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and vegetarian dishes, (menu items that no other restaurant in the area offers). Donna's Restaurant is engaging in strategic positioning by offering the unique menu items of vegan and vegetarian dishes. 4. A and B Office Supply, a small family-owned company, sells high-priced desks, some as expensive as $10,000, to executives in its area. Very few companies have chosen to market this product, and A and B has enjoyed record profits over the last 25 years. A and B Office Supply is an example of a company that would typically not choose to utilize strategic planning.
The December 31, Year 1, balance sheet of Rowan Company shows current assets of $32,000 and current liabilities of $18,000. On January 1, Year 2, the company recorded the following entries: Cash14,800? Common stock 14,800?Cash4000? Accounts receivable 4000? After the two journal entries were recorded, what is the company's current ratio?
A. 1.8 to 1 B. 2.8 to 1 C. 2.6 to 1 D. 1.7 to 1
Flowcharts, service blueprints, and process charts are effective for documenting and evaluating processes
Indicate whether the statement is true or false
A take back incentive by a company is a promise to provide a new copy of a product if another copy is returned
Indicate whether the statement is true or false