The effective interest rate on a bank loan depends on whether interest is paid when the loan matures or in advance
Indicate whether the statement is true or false
TRUE
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Michael Porter draws a firm distinction between operational effectiveness and a strategy. Briefly describe this distinction and identify when a company can claim that it has a strategy
What will be an ideal response?
Sales managers use sales reports, personal observations, and customer surveys to assess the performance of sales-force members
Indicate whether the statement is true or false
A random sample of 64 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 240. If we want to provide a 95% confidence interval for the population mean SAT score, the degrees of freedom for reading the t value is
A. 60. B. 61. C. 62. D. 63.
A component must have reliability of .9925. Two technologies are available for this component: one produces a component with .999 reliability at a cost of $2000. Another produces a component with .73 reliability at a cost of $450
Which is cheaper: one high quality component or a parallel set of inferior components? (Hint: for the inferior components, you first need to determine the number of them that would be needed to ensure overall reliability of .9925.)