People with pessimistic explanatory styles tend to see bad events around them as:
a. personal, temporary, and pervasive
b. impersonal, temporary, and pervasive
c. personal, permanent, and specific
d. personal, permanent, and pervasive
Ans: D
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Milt Alden says that his line workers "know each product like the back of their hands," and that this knowledge helps the company keep its prices low. This indicates that Alden Manufacturing most likely uses which of the following strategies?
A) cost-plus pricing B) skimming prices C) the experience curve D) break-even pricing E) prestige pricing
The process flow of the DBMS_SQL procedures involves the establishment of a(n) ____ to contain and manipulate the SQL statement.
A. BIND_VARIABLE B. object type C. cursor D. DML statement
A(n) ________ refers to a condition that requires the occurrence of an event before a party is obligated to perform a duty under a contract
A) Condition precedent B) Condition subsequent C) Concurrent condition D) Implied condition
A firm is trying to determine if it should launch a product. The product has an expected life of three years. It will bring in cash flows of $10,000 in each of the three years. The company estimates that it will invest $28,000 in product research and development costs. Assume a discount rate of 8%. Based on NPV, what should the firm do?
a. Launch the product because NPV is greater than the amount to be invested b. Not launch the product because NPV is greater than the amount to be invested c. Launch the product because the amount to be invested is greater than NPV d. Not launch the product because the amount to be invested is greater than NPV