The formal and modern study of management started in Babylonia, around 5000 B.C.

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


False

The formal and modern study of management started around 1900.

Business

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JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures?

A. $1,781.53 B. $1,870.61 C. $1,964.14 D. $2,062.34 E. $2,165.46

Business

Why did 3M phase out the production of a chemical used as an ingredient in its Scotchgard fabric protector?

A. The product accidentally violated the patent rights of a competitor. B. New governmental legislation banned the production of one of the product's key component chemicals. C. 3M developed a new product that didn't contain this chemical and was less costly to produce, resulting in a significantly higher profit margin. D. New advances in fabric manufacturing, such as dirt repellant fibers, made the need for the product obsolete. E. Traces of the potentially harmful chemical were found in humans, so the product was voluntarily halted.

Business

The price paid per unit is referred to as

A) the material cost and is denoted by C. B) the fixed ordering cost and is denoted by S. C) the holding cost and is denoted by H. D) the purchase price and is denoted by P.

Business

New York is the U.S. state with the largest population, and California is a distant second.

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

Business