________ refers to an organization-wide function that is in charge of developing data policies and enforcing data standards.
A. Data encryption
B. Data administration
C. Authentication
D. Access Control
E. Usurpation
Answer: B
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A partnership is relatively easy to form, but is very complex to dissolve
Indicate whether the statement is true or false
When McDonald's failed to realize that Applebee's and Chili's were providing products that met consumers' needs for a quick, tasty, and convenient meal, McDonald's failed to consider its ________
A) marketing mix B) mass customization C) direct competition D) indirect competition E) competitive advantage
As general manager of a local restaurant chain, you have been asked to develop defensive moves to protect your company's market position and restrict any challenger's options for initiating a competitive attack. You would present all but ONE of the following strategic options to your executive team.
A. Publicly commit your restaurant chain to a policy of matching a competitor's terms or prices or breadth of menu items. B. Signal to challengers and new entrants in the local restaurant industry that retaliation is likely in the event they launch an attack. C. Maintain a war chest of cash and/or marketable securities. D. Challenge struggling runner-up restaurants that are on the verge of going under. E. Grant volume discounts or better financing terms to dealers/distributors and provide discount coupons to customers to help discourage them from frequenting other local restaurants.
Lima Corporation makes purchases on credit with terms of 2/15, net 45. What is the effective annual rate (rEAR) of non-free trade credit if Lima does not take discounts and pays on Day 45? In your computations, assume there are 360 days in a year.
A. 42.98% B. 24.49% C. 148.21% D. 35.40% E. 27.43%