________ is money from selling part of a business to people who are not and will not be involved in the management of the business.

A. Dividend
B. Outside equity
C. Bond
D. Equity capital


Answer: B

Business

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Which of the below is a shortsighted view of customer interactions?

A. A company views customers from a relationship standpoint. B. A company views customer interactions from a long-term perspective. C. A customer service representative strives to employ as many positive relationship building skills as possible. D. After a customer calls or comes in and service is provided, the company assumes the customer no longer matters.

Business

Which of the following statements correctly identifies an advantage of checking accounts over cash??

A. ?Checks are more convenient to use for day to day transactions. B. ?Checks are accepted by almost all sellers while cash may not be accepted. C. ?Checks are more liquid than cash. D. ?Lost or stolen checks cannot be used unless they have the account holder's signature.

Business

The purpose of incremental analysis is to find the alternative

a. with the fewest relevant costs. b. that brings in the most revenue. c. that contributes the most to profits. d. with the lowest fixed costs.

Business

The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3. The expected value of the random variable x is

A. 2. B. 5.3. C. 10. D. 2.30.

Business