The probability that Pete will catch fish when he goes fishing is .8 . Pete is going to fish 3 days next week. Define the random variable x to be the number of days Pete catches fish. The probability that Pete will catch fish on one day or less is
a. .008
b. .096
c. .104
d. .8
c
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Which of the following can be referred to as a "buyer for export" or an "export commission house" and operates on behalf of a buyer from a foreign country?
A) foreign purchasing agent B) export broker C) export merchant D) export management company E) freight forwarder
People can acquire legitimate power in four ways, what are they? Provide a single example for each.
What will be an ideal response?
Plans for the best- or worst-case scenarios or for critical events that could have a severe impact on the firm are known as
A. tactical plans. B. strategic plans. C. contingency plans. D. scenario plans. E. emergency plans.
Martinez Corporation reported net sales of $765,000, net income of $142,000, and total assets of $7,634,409. The profit margin is:
A. 81.4%. B. 539.0%. C. 5.39%. D. 18.56%. E. 1.86%.