Which statement about the growth stage of the business life cycle is FALSE?
a. Sales increase throughout the industry.
b. New companies start up.
c. Industries cluster in one geographical area.
d. Production becomes more efficient.
c
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Which class of metrics measure how well marketing got things done?
A. Activity metrics B. Selective metrics C. Effectiveness metrics D. Efficiency metrics
Lux Limited Partnership offered $300,000 of its limited partnership interests under Rule 504 of Regulation D of the Securities Act of 1933. The securities were registered and disclosure was made under state law. Which of the following statements is true?
A. The resale of the limited partnership interests by a purchaser will not be restricted. B. The limited partnership interests may be sold only to accredited investors. C. The exemption under Rule 504 is not available to an issuer of limited partnership interests. D. The limited partnership interests may not be sold to more than 35 investors.