The ability to buy a soda from a vending machine demonstrates which element of the marketing mix?
A. price
B. product
C. process
D. place
E. promotion
Answer: D
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Unlike venture capitalists, angel investors tend to ________
A) invest larger amounts of money in start-ups B) remain involved with the company for a very short time C) focus more on local opportunities D) be investment specialists with an extremely wide but selective approach E) invest mostly in high-potential areas
Explain how you would compute the imputed interest on cash borrowed at 0% interest when the market rate of interest is 8%.
What will be an ideal response?
A small popular restaurant at an interstate truck stop provides priority service to truckers. The restaurant has ten tables where customers may be seated. The service time averages 40 minutes once a party is seated. The customer arrival rate is 12 parties per hour, with the parties being equally divided between truckers and non-truckers.What is the approximate average time in minutes that non-truckers wait to be seated?
A. 8.4 B. 13.6 C. 2.7 D. 15.8 E. 4.5
When bankers are in control of the regulatory agencies to the point that regulations are enforced in ways favorable to the banks, it is known as
A. ?regulatory capture. B. ?intellectual capture. C. ?finger pointing. D. ?regulator shopping.