What is/are an escrow agent's responsibility when the buyer fails to deposit funds?
A)?Continue reminding the buyer
B)?Proceed to closing
C)?Terminate the escrow
D)?None of the above
C
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The product life-cycle concept from microeconomics and marketing provides useful insights into the relations among cash flows from operating, investing, and financing activities. During the _____ cash outflow exceeds cash inflow from operations because operations are not yet earning profits while the firm must invest in accounts receivable and inventories. Investing activities result in a net
cash outflow to build productive capacity. Firms must rely on external financing during this phase to overcome the negative cash flow from operations and investing. a. introduction phase b. growth phase c. mature phase d. late maturity phase e. decline phase
Random variable x has the probability function: f(x)=x/6 for x=1,2 or 3. The expected value of x is
A. 0.333. B. 0.500. C. 2.000. D. 2.333.
In order to generate interest by introducing a product or idea, which of the following action-oriented guidelines should you follow??
A) ?Never talk about its benefits directly. B) ?Focus on the offer more than the use. C) ?Do not describe the product. D) ?Sell the pleasure people derive from the use.
Creativity is defined in the text as ______.
a. production of ideas that will generate significant economic value b. production of ideas for something new but not useful c. production of ideas for something that is new and also potentially useful d. the results of brainstorming with friends and family