Which of the following is true of a decision model? a. it can be used only to make short-term or tactical decisions. b. it can be used to structure the decision maker's thinking. c. it does not assess qualitative factors like quality, trust, etc. and hence cannot be always relied upon. d. it can be relied upon to ensure that decisions are automated and free from human interference.

Michigan mattress company is considering the purchase of land and the construction of a new plant. the land, which would be bought immediately (at t = 0), has a cost of $100,000 and the building, which would be erected at the end of the first year (t = 1), would cost $500,000. it is estimated that the firm's afterminustax cash flow will increase by $100,000 starting at the end of the second year, and that this incremental flow would increase at a 10 percent rate annually over the next 10 years. what is the approximate payback period?

What two things do you consider when evaluating the time value of money

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified