Which of the following types of planning has its main focus on handling of unforeseen events?
A) tactical planning
B) contingency planning
C) operational planning
D) strategic planning
E) SWOT planning
Answer: B
Explanation: B) Contingency plans are alternative plans that are developed in case the original schema prove to be unworkable.
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Since there are no tax consequences arising from trades in a 401(k) plan, it makes sense
A) to trade often in an attempt to time the markets. B) to ignore this feature and stick to a sound investment approach. C) not to participate in the plan since you can't write off tax losses. D) to trade aggressively if you are young and have a long investment horizon, but to be more conservative if you are nearing retirement.
The prospectus is the formal contract for the bond
Indicate whether the statement is true or false.
Your Wish, Inc. ? Cindy worked for a retail company and noticed there were many things it could do better. She shared some of her ideas with upper management, but it did not want to do things differently. When Cindy went home to talk to her husband, they both realized that, given her passion, it would be better for Cindy to open her own business. After a lot of consideration, she decided to open a sporting goods store called Your Wish, Inc. She also knew just where to open the store?right next to her house. ? To be certain to address all aspects of the business, Cindy hired a marketing research firm to determine the best location. Once all the research was compiled and analyzed, she realized that it would actually be better to open the store in a different area. She also realized
that deciding where to locate the business was not the only major concern. More specifically, she would have to focus on the four elements of the marketing mix as well, creating a whole marketing plan. Her husband mentioned the possibility of using online information services to help with the business. With her husband's support and a good marketing plan, Cindy felt that she would be prepared to make the right decisions. Refer to Your Wish, Inc. Marketing research involves A. satisfying customers. B. determining a target market. C. creating a product mix. D. interpreting information. E. product promotion.
In general, damages are to put the party who suffered from a breach of contract in the same economic position as if the contract had been performed
a. True b. False Indicate whether the statement is true or false