An annual percentage rate must be converted to the appropriate periodic rate when compounding is more frequent than once a year

When the majority of a company's advertising budget is spent on media buys, rather than producing the advertisement, the company should be inclined to do the work in-house

Indicate whether the statement is true or false

The task of any business is to ________

A) create customer needs B) differentiate in terms of cost of production C) deliver customer value at a profit D) reduce competition E) communicate similar value as provided by competitors