On April 1 Richard arranges to buy a sixteen-speed bike from his neighbor Phil for $500. Phil agrees to deliver the bike on May 1. Richard writes a draft for $500 payable to Phil on May 1. In this situation, the draft is
a. acertificate of deposit.
b. atime draft.
c. asight draft.
d. apromissory note.
B
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Phone calls, cover letters, and e-mails to editors of media outlets are ways that a marketer ________ an expert's article on behalf of a firm
A) sells B) audits C) pitches D) releases E) networks
The four tests of a resource's competitive power are often referred to as the
A. organizational capability metric analysis. B. reliability resources simulation. C. SCIR test, which asks if a resource is sustainable, competitive, internalized, and reproducible. D. VRIN test, which asks if a resource is valuable, rare, inimitable, and nonsubstitutable. E. competitive advantage sustainable method test.
The most important function of packaging is
A. offering convenience to customers. B. protecting the product and maintaining its functionality. C. covering the product. D. communicating information to the customer. E. attracting the attention of the customer.
The joint probability of two or more independent events occurring is the sum of their marginal or simple probabilities
Indicate whether the statement is true or false