If Ray agrees to rake leaves for Michelle in exchange for Michelle's promise to pay off the debt Ray owes to Dean, then Dean is a donee beneficiary of the agreement between Ray and Michelle.

a. true
b. false


b. false

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Oil companies must be aware of other firms' development of ethanol products since this is an example of which one force in Porter's model for industry analysis?   

A. Bargaining power of buyers. B. Rivalry among competitors. C. Bargaining power of suppliers. D. Threats of new entrants. E. Threats of substitute products and services.

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Compared to the collection cost of primary data, secondary data is more expensive

Indicate whether the statement is true or false

Business

A product consists of four components with reliabilities of 0.85, 0.87, 0.89, and 0.91, respectively. The first and third components each have a backup with reliabilities of 0.95 and 0.90, respectively. Calculate and indicate product reliability.

A. 77.71% B. 62.80% C. 39.40% D. 89.10%

Business

The public relations profession continues to do an outstanding job of recruiting, hiring, and paying women and ethnic minorities

Indicate whether the statement is true or false

Business