Several indexes are available to monitor the performance of stocks, but nothing similar is available for bonds or mutual funds

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Bill orders a custom-made suit from Rooks to be delivered by Friday at 5 p.m. When the suit is delivered to his office on Friday afternoon, he is in conference with a client. He accepts delivery and hangs the suit in his closet. When Bill tries on the suit Saturday evening, he discovers that the pants are cuffed. He had ordered cuffless trousers. What can he do?

a. He cannot revoke acceptance since the cuffs are not difficult to discover. b. He can revoke acceptance if the cuffs substantially impair the value of the goods to him and Rooks will not remove the cuffs. c. He can reject the goods since he had not yet accepted them prior to inspection. d. He cannot reject the goods because the cuffs are curable.

Business

How do the authors suggest that the brand message be delivered?

a. by stating the company purpose on all packages b. by consistently using the product tagline c. by advertising and social networking d. by channeling it through advertising, distribution, and packaging

Business

Which of Crosby’s Absolutes of Quality refers to the cost of poor quality?

a. The definition of quality is conformance to requirements b. The performance standard is zero defects c. The system of quality is prevention d. The measure of quality is the price of nonconformance

Business

K-means clustering is the process of:

a. agglomerating observations into a series of nested groups based on a measure of similarity. b. organizing observations into one of a number of groups based on a measure of similarity. c. reducing the number of variables to consider in a data-mining approach. d. estimating the value of a continuous outcome variable.

Business