A good deal of money is usually needed to start a(n) _____ business because of the investment normally required in equipment, energy, and raw materials.

A. retail
B. wholesaling
C. manufacturing
D. services
E. insurance


Answer: C

Business

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According to the text, an alternative approach to pan-cultural scales is to ________

A) use only open-ended questions B) avoid survey research and do only qualitative interviews C) use demographic questions only D) use continuous rating scales E) use descriptors the respondents provide themselves

Business

Compounding is the process of increasing present value to future value

Indicate whether the statement is true or false

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The United States and Argentina have signed the Convention on Contracts for the International Sale of Goods (CISG). Oxtron, Inc, a U.S. company, and Leer, an Argentinean company, have entered into a contract under which Oxtron is to ship medical devices to Leer. The contract does not include a choice of law provision. The contract will be governed by A)the CISG

B)the ICC. C)the domestic contract law of Argentina. D)the domestic contract law of the United States.

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The pth percentile is a value such that approximately

a. p percent of the observations are less than the value and (100 - p) percent are more than this value. b. p percent of the observations are less than the value and p percent are more than this value. c. (100 - p) percent of the observations are less than the value and p percent are more than this value. d. (100 - p) percent of the observations are less than the value and (100 - p) percent are more than this value.

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