A new development in kidnapping, due to globalized banking services, occurs near international airports. The kidnapping is shorter in duration and does not involve ransom requests. The victims are forced to withdraw cash from ____________ to secure their release.

Fill in the blank(s) with the appropriate word(s).


an ATM

This approach is less dangerous, but still costly.

Business

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Which budget is the first one that must be done in the master budgeting process and why?

Business

Under the objective theory of contracts, the subjective intent of a party to enter into a contract is irrelevant

Indicate whether the statement is true or false

Business

Potential entrants are more likely to be deterred from actually entering an industry when

A. buyer switching costs are moderately low because of strong product differentiation among incumbent firms. B. the relative cost positions of incumbent firms are about the same, such that no one incumbent has a meaningful cost advantage. C. incumbent firms are complacent. D. buyers are not particularly price-sensitive and the industry already contains a dozen or more rivals. E. incumbent firms are willing and able to be aggressive in defending their market positions against entry.

Business

Which of the following correctly pairs the terminology used in the earned value management (EVM) method with its description?

a. schedule performance index: the earned value to date divided by the planned value of work scheduled to be performed (EV/PV) b. cost performance index: the earned value divided by the planned cumulative cost of the work performed to date (EV/AC) c. both A and B are correct d. neither A nor B is correct

Business