______ refers to being deliberately vague so as to appeal to many different audiences.
A. Strategic thought
B. Strategic reasoning
C. Strategic ambiguity
D. Strategic intelligence
C. Strategic ambiguity
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The values the decision-maker places on each combination of actual decisions and states of nature are referred to as ______.
a. consequences b. states of nature c. payoffs d. decision alternatives
Memphis Company's May sales budget calls for sales of $900,000. The store expects to begin May with $50,000 of inventory and to end the month with $55,000 of inventory. Gross margin is typically 45% of sales. Compute the budgeted cost of merchandise purchases for May.
A. $490,000. B. $495,000. C. $500,000. D. $550,000. E. $460,000.
If the creditor does not enforce the suretyship agreement within the statute of limitations, the obligation is forever discharged
Indicate whether the statement is true or false
Mabel is a single 40-year-old who has borrowed money on numerous occasions. Her payment record has been good, except she has been delinquent in paying a few bills. Which of the following is true regarding credit information gathered on Mabel?
A. Since Mabel has been delinquent, she waives her right to see the credit files. B. If Mabel is rejected for a loan because of the consumer report, the lender must tell her the source of the report. C. Mabel has a right to have the information regarding her delinquency in paying a few loans stricken from her credit record because her record has generally been good. D. Mabel's only legal remedy, if there is erroneous information in her credit file, is to report the problem to the FTC for enforcement.