One of the basic naming rules for new brands is that the brand name is easy to spell.


a. True
b. False


a. True

Business

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Amalgamated Appliance Inc. has planned a 3-month issue of commercial paper with a face value of $25,000,000. The paper is set to sell at 98.5% of face value. What is the discounted selling price of the firm's commercial paper?

A) $25,000,000 B) $25,325,000 C) $24,625,000 D) $24,300,000

Business

Which one of the following transactions is not governed by Article 2 of the UCC?

a. Purchasing an automobile for $35,000 b. Leasing an automobile worth $35,000 c. Purchasing a stereo worth $501 d. Purchasing a stereo worth $499

Business

In the context of the Project Evaluation and Review Technique (PERT), which of the following is true of the beta probability distribution approach?

A) It allows managers to identify the best case, worst case, and most likely case for activity times. B) It describes the inherent similarity in the optimistic, most probable, and pessimistic time estimates. C) It is rigid in characterizing the distribution of times. D) It forces activity times to a symmetric normal probability distribution.

Business

In comparison with the basic EOQ approach, the fixed interval model does not require close surveillance of inventory levels

Indicate whether the statement is true or false

Business