A mutual fund is engaged in the short term and temporary purchase of index futures, for purposes of minimizing its cash exposures. Which "use" most closely explains their actions?
A) Risk management
B) Speculation
C) Reduced transaction costs
D) Regulatory arbitrage
C
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Improving future plans is part of which step in the planning/control cycle?
A. Making the plan. B. Carrying out the plan. C. Benchmarking against competitors. D. Controlling the direction. E. Updating the plan.
Someone at a team meeting who says, "Let's hear from those who oppose this plan" is performing a ______ role.
A. maintenance B. social C. coordinator D. reorientation E. task
The assignment method is a special case of a group of problems called ______ problems.
A. integer programming B. network programming C. workflow optimization D. linear programming
Small businesses often have advantages in international markets. One advantage is'
A. a greater expertise in managing the paperwork required to sell goods in international markets. B. a better understanding of the cultural differences involved. C. individualized customer service as opposed to impersonal corporate bureaucracies. D. the ability to obtain financing through the International Monetary Fund.