Employing brokers may use an office policy to designate brokers in the firm.

a. true
b. false

Answer: a. true

Business

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Which of the following changes, if of a sufficient magnitude, could turn a negative NPV project into a positive NPV project?

A) a decrease in the estimated annual sales. B) an increase in the initial investment. C) a decrease in the fixed costs. D) an increase in the discount rate.

Business

Which strategy has been used successfully by Yum! Brands to establish KFC and Pizza Hut restaurants across the globe?

A) joint venture B) licensing arrangement C) strategic alliance D) marketing strategy E) value-chain partnership

Business