Successfully determining and providing for the key drivers comes about through ______.
a. pure luck, for the most part
b. extensive research on customer complaints
c. extensive planning based on guest feedback
d. organizational information systems
c. extensive planning based on guest feedback
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The words if you register for the seminar by midnight tonight are a(n) ____
A) dependent clause B) independent clause C) phrase
In selecting an alternative when making a decision, what should decision makers keep in mind?
A) Finding multiple acceptable alternatives is neither possible nor efficient. B) Finding multiple acceptable alternatives should not take very long. C) Selecting one alternative and rejecting all others will be the decision maker's main objective. D) Selecting one alternative and rejecting all others might not be necessary. E) Selecting one alternative and rejecting all others should be a straightforward process.
In 2018, James gave his son John a $5,000,000 term life insurance policy taken on James’ life. At the time of the gift, James was in good health, and the value of the term insurance policy for gift tax purposes was less than the $14,000 annual exclusion amount. However, James died in 2019. Which of the following statements is true?
A. In 2019, the $5,000,000 gift will be included in James’ gross estate for estate tax purposes. B. In 2019, the $5,000,000 payout will not be included in James’ gross estate for estate tax purposes as he had outlived the transfer by more than 1 year. C. James will get an annual exclusion of $50,000, i.e., 1% of the gift amount in 2019. D. In 2019, James will be eligible for a unified tax credit of $500,000, i.e., 10% of the gift amount, as he has outlived the transfer by more than 1 year. E. James cannot avail the charitable deduction in 2019 as he did not outlive the transfer by more than 1 year.
Which of the following statements is true of the theory of absolute advantage?
A. It was advocated by British economist David Ricardo. B. It opened the floodgates for the free trade movement. C. It suggests that international trade is a zero-sum game. D. It is more realistic and useful than comparative advantage when applied in the real world.