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