In 1987, currency speculator Andy Krieger made a lucrative currency trade. Believing that the New Zealand dollar was overvalued, Krieger bet on its fall, selling hundreds of millions of dollars at a time and pushing its value down. He profited by re-buying New Zealand dollars when the price bottomed out. What Krieger was engaging in was a(n)
a. discount position.
b. premium position.
c. short position.
d. long position.
c. short position.
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Going to court to resolve a conflict is not a desirable best alternative to a negotiated agreement (BATNA)
Indicate whether the statement is true or false.
Which situation best illustrates "self-awareness"?
a. Marcia asks David why he feels so strongly about the position he is taking. b. Alicia tries to persuade Marilyn to accept her proposal to settle their dispute. c. Ellen challenges Theresa that she is not as forthcoming with information as she could be. d. Flora tells Mae that she is not "in love with" her proposal and asks whether Mae has a better proposal to offer.
Marina Corp. applied overhead to jobs during the period as follows: Jobs finished and sold$46,000 Jobs started and in process 54,000 Jobs finished and unsold 100,000 The application of overhead has resulted in a $5,600 credit balance in the Factory Overhead account. The entry to dispose of this remaining factory overhead balance is:
A. Debit Factory Overhead $5,600; credit Work in Process Inventory $5,600. B. No entry is needed. C. Debit Work in Process Inventory $5,600; credit Factory Overhead $5,600. D. Debit Factory Overhead $5,600; credit Cost of Goods Sold $5,600. E. Debit Cost of Goods Sold $5,600; credit Factory Overhead $5,600.
If managers are measured on short-term financial performance only, they may not introduce new products
Indicate whether the statement is true or false