A model is a simplified representation or abstraction of reality.

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


True

Business

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Which products would LEAST apply to the product life cycle theory?

a. calculators and computers b. coal and crude oil c. home movie cameras d. office machinery

Business

Imagine you are giving a presentation about the need for a greater understanding of technology. What would be the general purpose of the presentation if you included the following statement in your introduction? “Today, I hope to convince you to learn to use new technological tools needed to live in the Communication Age.”

a. to inform b. to persuade c. to entertain d. to introduce

Business

In an in-transit contract, the risk of loss passes to the buyer at the time the contract is concluded

Indicate whether the statement is true or false

Business

The basic way to measure productivity is to ________.

A. multiply inputs and outputs B. divide outputs by inputs C. add outputs and inputs D. subtract inputs from outputs

Business