Answer:
True
<h3>
When does a salesperson tell a customer that a product will last a lifetime?</h3>
- Statements such as "The performance of this product is top-notch" can be classified as expressed warranties.
- When a salesperson tells a customer that a product will last a lifetime, such a claim is most likely an example of sales puffery.
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Answer:
The public goods school in economics is getting disproved as we speak about natural monopolies.
Explanation:
Answer:
We will consider positive interest rate which is i=0.21 or i=21%
Explanation:
The formula for Future value is:
The present value will become:
where:
n is the number of years
Since the condition is same present value,so the given data form the equation:
Divide above equation by 
Let 
. Above equation will become:
Rearranging above equation:
Solving the quadratic equation:
z=1.1, z=0.9
Let will become:
For z=1.1
For z=0.9
we will consider positive interest rate which is i=0.21 or i=21%
There are four types of businesses organisation. Sole trader is owned by one person and he makes all the decisions, and earns profit and bears the loss himself. A partnership is owned by 2 or more people and they help each other. The profit and loss is divided between them.
The three approaches to management which are considered to be historical perspectives are:
1. The classical view point: this emphasize finding ways to manage work more efficiently.
2. The behavioral view point: emphasize the need to understand human behavior and to encourage employees toward achieving the company's goals.
3. The quantitative view point: this emphasizes the application of quantitative measures to management.<span />
