What is the purpose of an emergency fund?
What will be an ideal response?
Building an emergency fund is a good first S.M.A.R.T. goal for almost anyone at any stage in life. An emergency fund is a small reserve or cushion to get you through the hard times, whether it is an unexpected repair for your car or a very large utility bill one month. This fund can assist with responding when stuff breaks. Phones, computers, televisions, and video game systems will all need replacing at some point. Your emergency fund can be as little as one month's rent. If your roommate moved out and it took a month or two to find a new one, you would still be able to make your rent payment.
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What is the theory that claims power emerges out of the sub-units ability to influence decision-making relating to the allocation of scarce resources in an organization, and as a result, these sub-units attract even more resources?
a. Resource Dependency Theory b. Strategic Contingencies Theory c. Power Resource Theory d. Force Field Theory
Answer the following statement(s) true (T) or false (F)
The comprehensive feasibility analysis approach is closely related to the preparation of a thorough business plan.
To adopt a contract means to form a new contract with different parties.?
Indicate whether the statement is true or false
_____ is a methodology used in the product design process, developed by Dr. Nam Suh from MIT, which is based on the premise that good design is governed by laws similar to those in natural science
a. Fault tree analysis b. Axiomatic design c. Design failure mode and effects analysis (DFMEA) d. Six sigma