An error of commission occurs from the decision not to act on a new entry opportunity.
Answer the following statement true (T) or false (F)
False
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In China, consumers are reluctant to buy full-sized packages of unfamiliar imported products. In such a marketing environment, sampling is an appropriate promotional strategy
Indicate whether the statement is true or false
Central Perk orders their organic coffee filters from a South American supplier that mails them as inexpensively (hence, as slowly) as possible
Central Perk uses 80 filters a day with a standard deviation of 15 days. It would be disastrous if they ran out of these filters, years ago customers caught them using paper towels from the men's room and business suffered. They have set their service level at 99.5% in hopes of avoiding a similar situation. It takes a fortnight to receive a shipment and the standard deviation of the shipping time is five days. What is their reorder point? A) 1865 filters B) 1962 filters C) 2074 filters D) 2158 filters c
Assume that an investment is forecasted to produce the following returns: a 30% probability of a
12% return; a 50% probability of a 16% return; and a 20% probability of a 19% return. What is the expected percentage return this investment will produce? A) 9.5% B) 33.3% C) 16.1% D) 15.4%
Orbital Flights, Inc, is required to register its securities under Section 12 of the Securities Exchange Act of 1934. Section 16(b) of the act covers A) the declaration of dividends by Orbital's board of directors
B) the later re-registration of Orbital's securities. C) the short-swing activities of Orbital's insiders. D) the solicitation of proxies from Orbital's shareholders.