Which major promotion category uses catalogs, telephone marketing, kiosks, and the Internet?

A) sales promotion
B) direct marketing
C) horizontal diversification
D) public relations
E) advertising

B

Business

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The firm offer rule allows the offeror to revoke an offer at any point of time prior to its acceptance

Indicate whether the statement is true or false

Business

At the end of an average twelve hour day, how many cans of soda will the vending machine have dispensed?

The soda machine outside the lecture hall sees a steady stream of customers throughout the day. While the machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed, the student customers introduce variation into the delivery process by pondering their selection for a while. Thus, we can safely say that the service time is governed by a negative exponential probability distribution that averages 10 seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 240 per hour, Poisson distributed of course. A) 4320 B) 3600 C) 3240 D) 2880

Business