The first unit produced in a process takes 480 hours. As the number of units produced doubles, production time decreases by 18%. Using the arithmetic approach, calculate the production time for the 16th unit.
a. 217 hours
b. 328 hours
c. 128 hours
d. 156 hours
a. 217 hours
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Which of the following is an example of a contingent liability?
a. A liability for notes payable with interest included in the face amount. b. The liability for future warranty repairs on computers sold during the current period. c. A lawsuit pending against a restaurant chain for improper preparation of food. d. A corporate long-term employment contract with the chief executive officer.
Both brand equity and customer equity emphasize the importance of customer loyalty and the notion that we create value by having as many customers as possible pay as high a price as possible
Indicate whether the statement is true or false
Salespeople should be confident at the time of the close if they can answer "yes" to all of the following questions EXCEPT:
A) Do you believe in your product? B) Do you believe in your company? C) Do you believe in yourself? D) Are you ready to give discounts if they are needed? E) Have you identified a solution to the customer's problem?
Which practitioner role tends to work for organizations with relatively unstable settings, but in which changes pose little danger?
A. Expert prescriber C. Communication facilitator B. Communication technician D. Problem-solving process facilitator