Which of the following is NOT a benefit provided by the existence of organized security
exchanges?
A) establishing and publicizing fair security prices
B) standardization of all debt agreements
C) helping businesses raise new capital
D) providing a continuous market
B
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Tony signed a contract agreeing to purchase a used, high-powered boat for $10,000 . Prior to signing the contract, the sales representative explained that the boat motor was guaranteed for six months for all labor and parts. The written contract
contained nothing about the warranty; however, it did have an integration clause in it. Tony had problems with the boat motor, causing expensive repairs. Tony returned the boat to the sales representative for the repairs, only to learn the salesman denied knowing anything about a six-month warranty. If Tony sues, discuss the likely outcome.
A recent advance in short-term scheduling that makes use of expert systems and simulation in solving dynamic scheduling problems is:
A) forward scheduling. B) backward scheduling. C) infinite scheduling. D) finite capacity scheduling. E) progressive scheduling.
Which of the following is not a reasonable justification of employee benefits from the point of view of the employer?
A) Take advantage of business tax benefits B) Retain, motivate and attract employees C) Can legally funnel disproportionately high benefits to the owners on a tax advantaged basis D) Allows freedom of benefit selection as opposed to the government mandating employee minimum benefits
A technique to search for small "nuggets" of information from the vast quantities of data stored in an organization's data warehouse, using technologies such as decision trees and neural networks, is called:
A) statistical inferencing. B) data mining. C) data regression. D) analytic extraction.