A common arrival time pattern can be described by which statistical distribution?

a. Weibull
b. Poisson
c. Binomial
d. Normal


b. Poisson

Business

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Under the Model Business Corporation Act, a shareholder may ask a court to dissolve a corporation when:

A. a corporation uses assets for public welfare. B. directors are in conflict, their deadlock cannot be broken by shareholders, and the corporation faces ruin. C. creditors are acting unfairly or illegally. D. directors are maintaining registered agents without the approval of the shareholders.

Business

Before agreeing to an interview, you should:

a. Ask the reporter which organization he or she works for b. Consult with professionals in your own organization c. Trust your instincts d. Find out who else is participating in the interview e. All of the above

Business

The text describes Southwest Airlines, which operates in a competitive market but successfully differentiates itself from the competition. This gives Southwest a sustainable competitive advantage. What is a sustainable competitive advantage? Describe an example of a product or business you have encountered that has developed a sustainable competitive advantage. Why is that product's or firm's advantage sustainable?

What will be an ideal response?

Business

It is precisely two minutes before class begins when Lisa decides to buy a soda. The professor has a well-deserved reputation for locking out everyone that is even a second late

Undeterred, Lisa makes a beeline for the machines, their eerie glow and soothing hum calling to her almost as much as the promise of an ice cold beverage. "I'm pretty sure I can make it," she remarks to a classmate as she gets in line for a soda, "and if I'm late, all I need to do is bat my eyelashes at him and he'll open the door and even apologize for shutting it in the first place." What will be the result of Lisa's decision to purchase a soda before class? A) Lisa will easily make it to her seat with a refreshing soda, entering the room twenty seconds before class begins. B) Lisa will march into the lecture hall triumphantly holding her soda aloft a full twelve seconds before class begins. C) Lisa will need to start batting those eyelashes, because she's almost four seconds late for class. D) Lisa will need to shift those eyelashes into overdrive as she is more than fourteen seconds late for class. However, at least she has a soda.

Business