You are a sales manager for a luxury automobile dealership where you have been employed since graduating from college. Your neighbor, who teaches a college course on marketing, has asked you to make a presentation to their class as a guest speaker. As you begin your presentation, you ask the students what they think about the following statements. You give them a hint that all of the statements are true except one. Which statement is not true? A. Conditions that favor an emphasis on personal selling over advertising include situations in which a firm's consumers are geographically dispersed.
B. Personal selling is the single largest marketing expense in many firms.
C. Personal selling is much costlier and more time-consuming than other forms of promotion.
D. Conditions that favor an emphasis on personal selling over advertising include situations in which a market has a relatively small number of customers.
E. According to the Bureau of Labor Statistics, jobs in sales are expected to grow over the next decade.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience. type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.1 20.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.