Companies use business-to-business (B2B) e-commerce applications for purchase orders

Indicate whether the statement is true or false


True

Business

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A yea-saying pattern may be evident on one respondent in the form of all "yes" or "strongly agree" answers

Indicate whether the statement is true or false

Business

Financial intermediaries can substantially reduce transaction costs per dollar of transactions because their large size allows them to take advantage of

A) poorly informed consumers. B) standardization. C) economies of scale. D) their market power.

Business

Deciding whether to buy a townhouse or rent an apartment, and weighing the benefits and disadvantages of various diets are examples of nonprogrammed decisions.

Answer the following statement true (T) or false (F)

Business

Students who live on campus and purchase a meal plan are randomly assigned to one of three dining halls: the Commons, Northeast, and Frazier. What is the probability that the next student to purchase a meal plan will be assigned to the Commons?

A) 0.66 B) 0.5 C) 0.25 D) 0.33

Business