What is the approximate five year survival rate for new businesses?
A) 20%
B) 40%
C) 60%
D) 80%
Answer: A
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In price planning, a firm would be most likely to set a profit objective for which of the following products?
A) a commodity such as coal B) toothpaste C) a fad such as Beanie Babies D) lightbulbs E) construction materials
Which of the following undermines the differentiating functionality of an electronic product?
A) an appeal to greater segments of the market due to the differentiating functionality B) an improvement in features appreciated by a very small niche segment C) a slightly higher price over undifferentiated competing products D) a greater differentiation perceived by customers compared to that intended by the manufacturer
Which of the following sentences uses numbers correctly?
a. 21 members voted in favor of the proposal. b. There were 3 figures that appeared in the report. c. Examine the diagram on page 7. d. The question was answered by sixty-one percent of the respondents.
The "takings clause" prevents the government from taking private property for any reason
a. True b. False Indicate whether the statement is true or false