Approximate the following binomial probabilities by the use of normal approximation.
a.P(x< 12, n = 50, p = 0.3)b.P(12

What will be an ideal response?

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a.	0.2206
b.	0.7198

Business

The three distinct types of cost to a manufacturer are direct materials, direct labor, and manufacturing overhead

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

Multiple voting is an approach to:

a. democraticize the group creativity process. b. help select from many solutions generated by brainstorming. c. generate as many ideas as possible. d. generate high quality ideas.

Ernest invents a novel, useful, nonobvious product. He A) must apply for a patent within one year of selling the product commercially

B) is entitled to a patent over someone else who invents the same product if he is the first to invent it. C) may receive patent protection for two years by filing a simpler, shorter, cheaper provisional patent application while he is working on his complex, regular patent application. D) may sell his product for up to five years to see how well it sells before going through the complex process of filing a patent application with the PTO Office.

How can multinational from emerging markets compete globally?

What will be an ideal response?