Compare seasonal effects and cyclical effects
What will be an ideal response?
A cycle is longer (typically several years) than a season (typically days, weeks, months, or quarters). A cycle has variable duration, while a season has fixed duration and regular repetition. Cycles include a wide variety of factors that cause the economy to go from recession to expansion to recession over a period of years.
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Some of the most common applications of real options are with property and insurance. A real estate option grants the holder the right to buy or sell a piece of property at an established price sometime in the future. If the price of the property goes ________, the owner of the option is likely to buy it. If the market value of the property ________ the strike price, the option holder is unlikely to execute the purchase.
A. down; drops below B. up; goes above C. up; drops below D. down; goes above
Which level of customer relationship marketing can be related to an intimate friendship?
What will be an ideal response?
Which of the following statements is true of negligence?
A) Negligence can result from the willful wrongdoing of a party. B) If a business attempts to warn its customers about potential hazards, it cannot be considered negligent. C) Proximate cause exists if both the plaintiff and the type of injury incurred by the plaintiff are foreseeable. D) A party can bring an action in negligence seeking only nominal damages.
A ________ occurs when an entrepreneur or an employee group uses borrowed funds to purchase an existing venture for cash.
A. franchise agreement B. merger C. leveraged buyout D. integrated task