Identification of the _____ and the first customer is one of the most important tasks that needs to be undertaken during the feasibility analysis for a new business.
A. industry need
B. primary field data
C. primary market
D. technological requirements
E. industry life-cycle stage
Answer: C
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Assume that customer arrivals at a small cafe can be modeled by a Poisson distribution. The average arrival rate is 3 customers per hour. What is the probability of exactly 1 arrival in the next hour (to two decimal places)?
a. 1.00 b. 0.15 c. 0.30 d. 0.45
One of the elements of a valid contract is a fair price.
Answer the following statement true (T) or false (F)
There are two typical ways to alter the one vote-one share standard. One way is ________
A) to have companies buy back nonvoting common stock B) to not have companies pay dividends C) to have companies issue classes of stock whereby one or more classes have super voting rights D) to not have companies issue bonds
Buying bonds in anticipation of an expected decline in interest rates is a risky strategy
Indicate whether the statement is true or false.