Which of the following is an example of a type of service processing that can occur?

a. tangibility processing
b. people processing
c. product processing
d. warranty processing

Ans: b. people processing

Business

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A toy manufacturer following the hedging principle will generally finance seasonal inventory

build-up prior to the Christmas season with A) selling equipment. B) long-term bonds since this is a recurring financing need. C) trade credit. D) common equity to avoid interest on a recurring annual need.

Business

IRR should not be used to choose between mutually exclusive projects

Indicate whether the statement is true or false

Business