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Questions in business

📝 Answered - To buy goods on credit means to A. pay cash for goods. B. promise to pay for goods later. C. promise to pay only a sale price. D. pay only a discount price.

📝 Answered - Learn about customer behaviors but not about opinions A. Focus group B. Observation Get your customers' point of view on new prototypes A. Focus group B. Observation Find out the common errors people make when performing a task A. Focus group B. Observation Gather information about customer attitudes toward a specific product A. Focus group B. Observation

📝 Answered - What does the term "tokenization" refer to in the context of payment security? A) Encrypting payment data to reduce fraud B) Replacing sensitive payment information with a unique identifier C) Storing cardholder data in physical tokens D) Using cryptocurrency to make payments

📝 Answered - Which of the following activities is required for determining the point of resistance? A. Reviewing previous negotiations B. Being willing to accommodate C. Being willing to compromise D. Refusing to give in

📝 Answered - Select the correct answer. YDA plc is a construction company that services residential, corporate, and government sectors. They essentially operate as three companies controlling their own resources with separate marketing, sales, and financial teams. What organisation structure is this an example of? A. Functional B. Divisional C. Matrix

📝 Answered - 6. It is the process of considering, evaluating and pursuing market-based activities that are believed to be advantageous for the firm. a. Opportunity-seeking b. Opportunity-seizing c. Opportunity-screening d. Sources of opportunity 7. It is the ability of entrepreneur that can sense without using the five senses, also known as intuition. a. Entrepreneurial mind frame b. Entrepreneurial gut game c. Entrepreneurial heart flame d. Entrepreneurial instinct 8. This is essential to opportunity-seeking which allows the entrepreneur to see things in a positive and optimistic light in the midst of crisis or difficult situations. a. Entrepreneurial mind frame b. Entrepreneurial gut game c. Entrepreneurial heart flame d. Entrepreneurial instinct 9. One of the essentials of entrepreneur's opportunity seeking that refers to the driven passion of an individual. a. Entrepreneurial mind frame b. Entrepreneurial gut game c. Entrepreneurial heart flame d. Entrepreneurial instinct 10. What variable of societal environment includes income level and employment rate? a. Economic forces b. Sociocultural forces c. Political forces d. Technological forces

📝 Answered - Calculate the total cost for attending a conference if registration is $400, and the employee needs hotel, rental car, per diem, parking, and coverage for 4 days. | Expense | Cost per day | | ----------- | ----------- | | Hotel | $230 | | Rental Car | $110 | | Per Diem | $55 | | Parking | $40 | | Coverage | $400 | $[?]

📝 Answered - XYZ Corporation invests $[tex]6,000[/tex] into 91-day treasury bills with an interest rate of [tex]2.6[/tex]%. If the broker charges a $[tex]25[/tex] commission, what is the yield? [tex] \begin{array}{c} \text { yield }=[?] % \\ \text { yield }=\frac{\text { amount invested (interest rate) }\left(\frac{\text { days invested }}{360 \text { days }}\right)}{\text { amount invested }\left(\frac{\text { days invested }}{360 \text { days }}\right)+\text { commission }} \end{array} [/tex] Give your answer as a percent rounded to the nearest hundredth.

📝 Answered - Grand Isle, Louisiana, is a popular resort but regularly faces a shortage of fresh water. Marie Bain has the entrepreneurial spirit and plans to open a business shipping barges of fresh water to the town. They estimate their fixed cost to be $3,000,000, and their variable cost (water, labor, fuel) to be $50,000 per barge load. Selling price is expected to average $80,000 per barge load. Her break-even point is: (A) 900 barge loads (B) 600 barge loads (C) 200 barge loads (D) 100 barge loads (E) 1200 barge loads

📝 Answered - C. InvestSmart Financial Services manages five investment portfolios. The firm wants to evaluate the overall return on investment (ROI) across these five portfolios. They have gathered the following data for the past quarter: | Portfolio | Total Investment ($) | Return ($) | |---|---|---| | Portfolio 1 | 1,000,000 | 120,000 | | Portfolio 2 | 500,000 | 60,000 | | Portfolio 3 | 750,000 | 75,000 | | Portfolio 4 | 2,000,000 | 240,000 | | Portfolio 5 | 1,500,000 | 150,000 | Calculate the average rate of return on investment (ROI) across all five portfolios?