The majority of the customers (~80%) of rolls royce are entrepreneurs, people who are running their own businesses, and these are mainly self-generated rather than inherited money. what marketing strategy will theodore levitt suggest to rolls royce as t. levitt argues that modern transportation and communication technologies are facilitating the convergence of certain tastes and preferences among consumers? ?
a. standardized marketing strategy
b. diversified marketing strategy
c. segmented marketing strategy
d. local marketing strategy

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.