HUI 16

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24) Which of the following areas will a marketing manager standardize or adapt when taking a new product global?
A. Marketing concept
B. Marketing mix
C. Product strategy
D. Promotion strategy

25) Which of the following best describes integrated marketing communication (IMC)?
A. Organizations present a consistent message.
B. Organizations present an effective communication plan.
C. Organizations present a plan that focuses on the customer.
D. Organizations present an effective advertising message.

26) Which of the following best describes the role of social responsibility in marketing?
A. Standards that guide marketing decisions and actions
B. Improving environment and products
C. Obligation to improve positive effects on society
D. Obligation to improve positive effects and reduce negative effects on society

1) Harold Hawkins bought a home for $320,000. He made a down payment of $45,000; the balance will be paid off over 30 years at a 6.775% rate of interest. How much will Harold’s monthly payments be? Round off to the nearest $1.

$1,450
$1,788
$3,200
$1,682

2) Which of the following statements is true about the time value of money?
The present value of a future amount will be greater if funds earn 5% instead of 10%.
The present value of a single sum will be unaffected by the rate of return at which funds grow.
The present value of a future amount will be greater if funds earn 12% instead of 6%.
The present value of a future amount will be unaffected by how far in the future funds would be received

3) You deposit $5,000 today in an account drawing 12% compounded quarterly. How much will you have in the account at the end of 2 1/2 years?

Answer
$7,401
$5,523
$7,128
$6,720

What is the difference between these two constructors

public Transaction () {…}
public Transaction (int x, int y) {…}

a. they initialize different variables
b. they have different signatures
c. they belong to two different classes
d. they create different object types