Which of the following is not true about a loan discount point?
a. a point is purchased at the time of closing.
b. a point is purchased for 1% of the loan amount.
c. a point reduces the interest rate by 1%.
d. a point bought will reduce the monthly mortgage payment.

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.