Sandy wants to know how much she needs to save today to have $5,000 in five years at a 7% interest rate. Which of the following tables should she use?
A) Present value of $1
B) Present value of an ordinary annuity
C) Future value of $1
D) Future value of an ordinary annuity
Answer: A
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Calculate the percentage cost of goods sold by a business if the cost advantage index of the business is 150 and the average percentage cost of goods sold by its top three competitors are 40%, 50%, and 30%, respectively
A) 150 B) 40 C) 60 D) 126 E) 70
A model used in connection with selling goods will usually amount to a warranty that the goods
will be as the model indicates. Indicate whether the statement is true or false
Jud is involved in conflict within his work group. A useful question for him to reframe the situation would be
A) "Why am I forced to work with fools?" B) "Am I sure what my coworker is saying?" C) "Why has life dealt me such a terrible hand?" D) "How do I get even?"
One disadvantage of electronic or digital communication is that when bargaining or negotiating through such channels, there tends to be ________ than in face-to-face communications.
A. greater distrust beforehand and less satisfaction afterward B. more hasty decision-making and more regret afterward C. fewer opportunities to deliver messages across a large geographic area D. considerably more cost per interaction E. less ability to share information and make decisions