IBM and Cisco work together to provide banks with the products and services they need to manage their multiple locations. In other words, the two companies have joined in a:
A. retail cooperative
B. direct investment venture
C. transactional relationship
D. strategic alliance
E. synergistic relationship
Answer: D
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The true nominal interest rate equals the real rate plus inflation plus (real rate × inflation)
Indicate whether the statement is true or false.
Which of the following statements is true regarding ethical issues accompanying budgeting?
A. Easy target incentives are eliminated through budgeting. B. The conflicts of biased budgeting can be avoided in a decentralized firm. C. Conflicts of interest do not arise when employees are asked for input to help establish a budget. D. If budget targets are difficult to meet, employees could turn to fraudulent financial reporting.
_____ change theory posits that organizations change through an iterative process of goal setting, implementation, evaluation, and revision
a. Ecological b. Traditional c. Teleological d. Structural
Two fair coins, one quarter and one nickel, are being flipped. Identify the correct statement from the following
A) An event in this case would be flipping only the quarter twice. B) Both coins will not yield the same result. C) The sample space in this case would be heads/heads, heads/tails, tails/heads, and tails/tails. D) The only possible outcome in this case is getting heads for the quarter and tails for the nickel.