The probabilities shown in a table with two rows, and and two columns, and

src="https://sciemce.com/media/4/ppg__cognero__Chapter_05_Probability_and_Probability_Distributions__media__8a365dac-d134-400d-9100-cffa24da9761.PNG" height="24px" width="20px" style="vertical-align:-8px;" />, are as follows: P( and ) = 0.10, P( and ) = 0.30, P( and ) = 0.05, and P(and ) = 0.55. Then P(|), calculated up to two decimals, is

A. 0.33.
B. 0.35.
C. 0.65.
D. 0.67.

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Answer: D

Business

Office Services Inc uses a direct sales force to sell office equipment to its 1,000 target customers

The required rate of customer contact for sales effectiveness and customer satisfaction is two customer visits per month, translating into 24,000 customer contacts per year. Assuming that a salesperson can make three customer visits per day, has 4 days per week to make customer calls, and works 50 weeks per year, how many salespeople does Office Services Inc need to meet its requirements? A) 4 B) 40 C) 480 D) 2,000 E) 2,400

The stage in the new product process that occurs first and has a pass ratio of 1:4 is the ________ stage

A) idea screening B) product development C) test marketing D) product soft launch E) concept testing

The Innovator's Dilemma suggests that established companies can take advantage of ________ without hindering existing relationships with customers, partners, and stakeholders.

A. Sustaining technology B. Collective intelligence C. Existing investments D. Disruptive technology

Which of the following is an instance of a mortgage?

A) Richard pays Ellen $1000 a month to live in her apartment. B) Richard pays Ellen $12,000 a year to live in her apartment. C) Richard gives his country estate as collateral to a bank from where he has borrowed money to buy an apartment. D) Richard has been living in an apartment for thirty years and upon his death, the apartment will be transferred to somebody else.