The best example of a Business model innovation is a ______________.
a. change to the traditional way of making money
b. change to the way you produce
c. change to the way you distribute your product
d. change to the way you package your product
a. change to the traditional way of making money
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The elapsed time needed to complete a business process is called ________
Fill in the blank with the appropriate word.
For a project that has an initial cash outflow followed by cash inflows, the profitability index (PI) is equal to the present value of cash inflows divided by the cost of capital
Indicate whether the statement is true or false
MegaCorp occasionally sells products in Michigan. It does not have an office in that state and does not advertise in Michigan. The company's marketing representatives are based in New York but do travel to Michigan once a year to attend a trade show. Which statement is correct?
A) MegaCorp must register in Michigan because its sales representatives attend a trade show in Michigan. B) MegaCorp is not required to register in Michigan because it does not have an ongoing presence in Michigan. C) MegaCorp must register in Michigan because its actions qualify as doing business. D) Whether MegaCorp has to register in Michigan depends on where its shareholders reside.
In waiting line applications, the exponential probability distribution indicates that approximately 63 percent of the service times are less than the mean service time
a. True b. False Indicate whether the statement is true or false