List the five benefits or advantages associated with credit cards. What are the two major disadvantages?
What will be an ideal response?
Answer: Credit cards are convenient and easy to use when shopping. They are great for emergency use and they allow for consumption before the purchase is fully paid for. They allow for consolidation of bills and also act as a source of interest-free credit. Additional pros include using the cards as a source of free benefits, as identification, for making reservations, a means to purchase before the price goes up.
Two major disadvantages include making it easy to lose control of spending and being an expensive way to borrow money.
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The variance for a project’s duration is given by ______.
A. the sum of the variances for all its activities B. the sum of the variances for all its critical activities C. the sum of the standard deviations for all its activities D. the sum of the standard deviations for all its critical activities
Language should not be considered a cultural barrier
Indicate whether the statement is true or false
A store has determined that the weekly sales of a product is related to the number of customers who visit the store and the square feet of shelf space, x, according to the following equation: -20x2 - 10C2 + 40Cx + 120x - 200
C represents the hundreds of customers who visit their store. If a store averages 200 customers per week, how many square feet of shelf space is required to maximize sales? A) 3 B) 4 C) 5 D) 1 or 9
The best way for a company to survive in the current marketplace is to raise prices and target only those customers who can afford to pay them.
Answer the following statement true (T) or false (F)