In the 1980s, the United States suffered one of its worst financial crises when ____ began to fail in large numbers.
A. commercial banks
B. stock brokers
C. money market mutual funds
D. savings and loan institutions
Answer: D
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Indicate whether the statement is true or false
All of the following are the most important traits professional buyers find in their top salespeople EXCEPT:
A. willingness to find out the prices of the competition. B. willingness to go to bat for the buyer within the supplier's firm. C. preparation of sales calls. D. thoroughness and follow-through after the sale. E. knowledge of the firm's product line.
The objective of a linear programming problem is to maximize 1.50A + 1.50B, subject to 3A + 2B ? 600, 2A + 4B ? 600, 1A + 3B ? 420, and A,B ? 0
a. Plot the constraints on the grid below c. Identify the feasible region and its corner points. Show your work. d. What is the optimal product mix for this problem?
Gigi Smith wanted to buy a new car. She visited several dealers to compare prices, styles, and dealer reputations. Finally, she bought a car from a local dealer. The purchase of a car is an example of a
A. convenience product. B. specialty product. C. business product. D. shopping product. E. major equipment item.