Which of the following is NOT a role of financial institutions?
A) moving funds from savers to borrowers
B) spreading out risk-bearing
C) printing money for borrowers
D) moving funds though time
Answer: C
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Initial estimates of the probabilities of events are known as _____ probabilities.
A. subjective B. posterior C. conditional D. prior
For a company to translate its performance of value chain activities into a competitive advantage, it must
A. have at least three distinctive competencies. B. have more competitive assets than competitive liabilities. C. have competencies that allow it to produce the highest-quality product in the industry. D. have more core competencies than rivals. E. undertake ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.
______ steps can be used to implement the theory of constraints, beginning with the bottleneck operation.
A. Two B. Three C. Four D. Five
Collaboration is a mutually beneficial and well-defined _____________ entered into by two or more _______________ to achieve results they are more likely to achieve together than alone.
a. Results and relationships b. Organization and relationships c. Relationship and organizations d. Organization and results