A system fails 20 times in 800 hours of operation. The failure rate of the system is ______.
a. 0.025
b. 0.035
c. 0.015
d. 0.051
a. 0.025
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In an administered VMS, the producer assumes the leadership position in a distribution channel by default
Indicate whether the statement is true or false
________ segmentation divides buyers into segments based on their knowledge, attitudes, uses, or responses concerning a product
A) Behavioral B) Psychographic C) Age and life cycle D) Gender E) Geographic
Section 406 of the ______________ requires that companies that are publicly traded disclose whether or not they have a code of ethics.
a. Robinson-Patman b. Sherman Antitrust Act c. Foreign Corrupt Practices Act d. Sarbanes-Oxley Act
In contrast to organizational arrangements used by small independents, chain retailers _____
a. use simple organizational arrangements b. have little departmentalization c. contain a large number of functional divisions d. utilize little specialization of functions