If actual demand for a period was 110 and the forecast for that period was 105, what is the forecast error for the period?

a. 5
b. -5
c. 0
d. Forecast error cannot be determined by the information given


a. 5

Business

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Which process creates a homogeneous product through a continuous series of standard procedures?

a. batch process b. make-to-order process c. continuous process d. none of the above

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Which of the following statements is correct?

A. The probability of default is higher on short-term bonds than on long-term bonds. B. Reinvestment rate risk is lower, other things held constant, on long-term than on short-term bonds. C. According to the market segmentation theory, the yield curve is expected to slope downward. D. Borrowers prefer to borrow on a short-term basis, as a result, the yield curve is downward sloping. E. If the inflation is expected to decrease in the future, then the yield curve should have an upward slope.

Business

What are the advantages of having a local representative/agent in emerging markets? Discuss some of the issues that a firm may encounter with local agents/representatives and suggest ways to minimize these issues.

What will be an ideal response?

Business

The two main factors to consider when selecting one of the five conflict management strategies are your goals and the

A. importance of relationships to you. B. responsibilities allocated to you. C. varied work styles pursued by you. D. resources available to you.

Business