Why do you think it is important that one of the characteristics of money is portability?
What will be an ideal response?
Answer: The portability of money is important for its practicality. In other words, because it is portable, it can easily be carried around and used on the spot. In some older cultures, money was represented by large stone wheels, which were neither portable nor practical.
Explanation: It is important for money to be portable so that it can also be practical. Having money on hand to make purchases without extra planning or effort is very convenient. This convenience greatly increases the number and frequency of financial transactions.
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________ decisions identify how marketing will accomplish its objectives in the target markets by using product, price, promotion, and place
A) Marketing metrics B) Strategic business unit C) Return on marketing investment D) Marketing mix E) Strategic planning
Identify a true statement about offshoring.
A. It is the same as outsourcing processes to other organizations. B. A firm often offshores processes by directly investing in its own foreign facilities. C. A firm that uses offshoring faces less risk of intellectual property theft. D. It occurs when a firm gains control over its value chain by performing all processes internally.
____________ allows more than one piece of software to be used at a time.
Fill in the blank(s) with the appropriate word(s).
For a continuous distribution, the exact probability of a particular value is zero.
Answer the following statement true (T) or false (F)