Limitations or requirements about the use of property are called:
a. life estates b. deeds
c. servitudes
d. possessories e. profits
c
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Moderate vertical differentiation, high horizontal differentiation, and high formalization are characteristics of an organization that indulges in ________.
A. small-batch production B. mass production C. unit production D. process production
In the BCG Growth Share Matrix, the suggested strategy for stars is to
A. maintain position and after the market growth slows use the business to provide cash flow. B. invest large sums to gain a good market share. C. milk them to finance other businesses. D. not invest in them and to shift cash flow to other businesses.
A key distinction between a risk response and a contingency plan is
A. A risk response is action that is the response to a risk once it has happened and the contingency plan is created by the customer if the risk response fails. B. A risk response is created by the project team and the project manager while the project manager and the customer agree on the contingency plan. C. A risk response is only effective when you are able to assess the likelihood of the risk and its impact on the project; all other risks are covered by contingency planning. D. A risk response is part of the actual implementation plan and action is taken before the risk can materialize, while a contingency plan goes into effect only after the risk has transpired. E. A risk response is established only for moderate risks while contingency plans are established for major risks.
Anthony operates a part time auto repair service. He estimates that a new diagnostic computer system will result in increased cash inflows of $1,500 in Year 1, $2,100 in Year 2, and $3,200 in Year 3. If Anthony's required rate of return is 10%, then the most he would be willing to pay for the new diagnostic computer system would be (Ignore income taxes.):See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $5,107 B. $5,501 C. $5,638 D. $4,599