If A and B are independent events with P(A ) = 0.60 and P(A | B ) = 0.60, then P(B ) is:
A) 1.20
B) 0.60
C) 0.36
D) Cannot be determined from the information given.
D
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Under which of the following circumstances should rigid uniformity be used?
a. If the event is a not a simple event. b. If the event is a complex event in which finite uniformity cannot be instituted in a cost-effective manner. c. Both a and b. d. None of the above; rigid uniformity should never by used.
Why is the ability to track purchases by song mix so important for Ferrante's clients?
A) Ferrante sells cheaper custom mixes than standard soundtracks available from other vendors. B) It allows the clients to shape the store brand with music. C) It gives them information on their competitor's products and services. D) It allows them to increase sales by playing the songs that stimulate purchases. E) It requires them to play certain songs no more than a few times in a shift.
The impact of fluctuating exchange rates on companies competing in foreign markets
A. are easy to predict in spite of the variety of factors involved and the uncertainties surrounding when and by how much these factors will change. B. help domestic companies under pressure from lower-cost imports when their government's currency grows weaker in relation to the currencies of the countries where the imported goods are being made. C. never change the pecking order consisting of which countries represent the low-cost manufacturing locations and which rivals have the upper hand in the marketplace. D. always disadvantage domestic companies facing competitive pressure from lower-cost imports when their government's currency grows weaker. E. always benefit domestic companies facing competitive pressure from lower-cost imports when their government's currency grows weaker.
An important purpose of external audits is to
A. assess what a company has done for its customers. B. investigate possible targets for mergers or acquisitions. C. assess what a company has done for itself. D. evaluate sales effectiveness. E. evaluate production efficiency.