Sal has been in the landscaping business for over 40 years. When Jaime, his business partner, suggested adding snow removal as an extra service, Sal responded with "My gut feeling is to say yes because of my experience in the past and what I have seen other companies do over the years, both successfully and not." Sal is acting on _____ in his response to Jaime.
A. a knowledge dilemma
B. a business reaction
C. a knee-jerk reaction
D. unbounded rationality
E. intuition
E. intuition
Intuition is making a choice without the use of conscious thought or logical inference. It may be based on expertise or feelings.
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If a company contains a number of investment centers of differing sizes, return on investment (ROI) should be used rather than residual income to rank the financial performance of the divisions.
Answer the following statement true (T) or false (F)
Treaties are implied agreements between two or more nations that specify how particular issues are to be resolved
Indicate whether the statement is true or false
Po Hung gives a cheque for $10,000 to Connected Construction Inc as a down payment on a renovation project to his building. Connected Construction signs the cheque over to its bank to pay a bank loan of $10,000
Connected Construction only does $5,000 worth of the work and disappears. The bank has cashed the cheque and the full $10,000 has been taken out of Po Hung's account. Which of the following is true? A) Po Hung can recover $10,000 from the bank. B) Po Hung can recover $5,000 from the bank C) Po Hung can recover nothing from the bank D) The bank and Po Hung must split the loss of $5,000 equally E) Po Hung cannot successfully sue Connected Construction Inc. for any money
Service-oriented architectures (SOAs) are independent functions (or applications) that can be distributed over a network via:
A. Web services B. value-added networks (VANs) C. local area networks (LANs) D. wide area networks (WANs)