Export credit insurance protects an exporter against the possibility of a foreign importer's default on payment when there is a lack of a letter of credit
Indicate whether the statement is true or false.
TRUE
The lack of a letter of credit exposes an exporter to the risk that a foreign importer will default on payment. The exporter can insure against this possibility by buying export credit insurance. If the customer defaults, the insurance firm will cover a major portion of the loss
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The lawfulness of all government classifications that do not involve suspect or protected classes is examined using a(n) ________ test.
A. strict scrutiny B. intermediate basis C. due process D. rational basis
Suppose that the average time an employee takes to reach the office is 35 minutes. To address the issue of late comers, the mode of transport chosen by the employee is tracked: private transport (two-wheelers and four-wheelers) and public transport. The data on the average time (in minutes) taken using both a private transportation system and a public transportation system for a sample of employees are given below.
 Private Transport Public Transport 27 30 33 29 28 25 32 20 20 27 34 32 30 37 28 38 18 21 29 35 a. Considering the travel times (in minutes) of employees using private transport, compute the z-score for the tenth employee with travel time of 29 minutes. b. Considering the travel times (in minutes) of employees using public transport, compute the z-score for the second employee with travel time of 29 minutes. How does this z-score compare with the z-score you calculated for part a?c. Based on z-scores, do the data for employees using private transport and public transport contain any outliers? What will be an ideal response?
With the sales–productivity ratio, a retailer determines space needs by _____
a. dividing merchandise into impulse and specific intent categories b. assigning space on the basis of sales or profit per foot c. calculating the amount of floor space necessary to carry and display a proper assortment of merchandise d. assigning goods into complementary and substitute categories
Which of the following would encourage cohesion in a small group?
A) using nicknames B) emphasizing group members' different roles C) respecting and appreciating participation of all members D) emphasizing common goals E) accepting ideas without critical analysis