Using advertising to promote a company, instead of a product or service, is called what?

a. corporate image
b. hierarchical advertising
c. institutional advertising
d. brand image

Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)

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

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?