ETS Major Field Test (Practice Test): Bachelor's Degree in Business Exam Graded A+
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Course
ETS
Institution
ETS
ETS Major Field Test (Practice Test):
Bachelor's Degree in Business Exam
Graded A+
The common characteristic possessed by all assets is - Future
economic benefit
Which Foreign Direct Investment (FDI) attempts to acquire particular
resources at a lower real cost than could be obtained in the h...
Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25
years old. Neal invests $5,000 at 7 percent when he is 30 years old. Both
investments compound interest annually. Both Sue and Neal retire at age
60. Which one of the following statements is correct assuming that neither
Sue nor Neal has withdrawn any money from their accounts? - ✔✔Sue will
have more money than Neal as long as they retire at the same time
A sample of assistant professors on the business faculty at state supported
institutions in Ohio revealed the mean income to be $32,000 for 9 months
with a standard deviation of $3,000. Using Chebyshev's Theorem, what
proportion of the faculty earns more than $26,000 but less than $38,000? -
✔✔At least 75%
26,000 and 38,000 are two standard deviations away from the mean. Using
1-(1/k^2) where k = 2, we get 0.75
When a domestic firm permits a foreign company to manufacture and sell
its product in exchange for a fee or royalty, the process is termed - ✔✔c)
licensing
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