Given a 25% chance of a 600,000 bushel yield and a 75% chance of a 500,000 bushel yield, what quantity should the farmer hedge in order to protect against an uncertain harvest? Assume the farmer is willing to take reasonable risk
A) 0
B) 500,000
C) 525,000
D) 600,000
C
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Which of the following statements is true about avoidance as a strategy for conflict management?
A. Avoidance strategies work for conflicts for which a solution would be more difficult than the problem justifies. B. Avoidance strategies work best when conflicts are serious. C. Avoiding conflicts is always a logical approach because all conflict is bad. D. Avoiding conflicts is effective because it generally makes conflicts go away.
A suretyship is terminated if the debtor and creditor change the terms of the agreement without the consent of the surety
Indicate whether the statement is true or false
Rationing may occur under what situation?
a. Total supplier’s finished goods < Total demand b. Total supplier’s finished goods > Total demand c. There is no relationship between rationing, supplier’s finished goods, and total demand. d. Cannot be determined from the information given
Monitoring, evaluating, and providing performance-related feedback are associated with which of the following?
A. planning and task coordination B. conflict resolution C. goal setting and performance management D. communications E. collaborative problem solving