Both compensating balances and discounting interest increase the effective interest rate on a loan
Indicate whether the statement is true or false
TRUE
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McClelland found that those with high achievement needs perform better when they are working on ______________ tasks, want feedback on how well they are doing, and take personal responsibility for their ___________.
A) Moderately difficult; performance B) Extremely difficult; motivation C) Easy; motivation D) Easy; performance
A __________ is anything that gives a firm an edge over rivals in attracting customers and defending itself against competition.
A. cultural privilege B. business bias C. personal talent D. competitive advantage E. monopoly
One type of liability insurance covers damages arising from the failure of a data holder to protect private information from being accessed by an unauthorized party. This type of liability coverage is called
A) errors and omissions insurance. B) cyber liability insurance. C) terrorism insurance. D) employment-related practices liability insurance.
Which of the following is a decision-making approach that attempts to find a compromise between the two extremes posed by the pessimistic maximin criterion and the optimistic maximax criterion by applying a certain percentage weight (?) to the most optimistic outcome, and (1 – ?) to the most pessimistic outcome.
A. maximax criterion B. Laplace criterion C. maximin criterion D. Hurwicz criterion