Absorbing state probabilities are the same as
a. steady state probabilities.
b. transition probabilities.
c. fundamental probabilities.
d. None of the alternatives is true.
D
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According to Hofstede, cultures with high _____ are formal and hierarchical, and have clear separation between superiors and subordinates
A) power distance B) uncertainty avoidance C) collectivism D) context E) time orientation
Company X was responsible for 40% of the environmental pollutants on a hazardous waste site whereas Company Z was responsible for the remaining 60%. Under CERCLA which of the following is true regarding the imposition of liability on the parties?
a. Company X and Company Z are subject to joint and several liability meaning that either can be held liable for the total cleanup costs, and no contribution between the parties is available. b. Company X and Company Z are subject to joint and several liability meaning that either can be held liable for the total cleanup costs, but contribution between the parties may be available. c. Regardless of whether both companies are still in business, Company X is responsible for only 40% of the cleanup costs, and Company Z is liable for only 60% of the costs. d. Liability depends on who was the initial polluter because that party has primary liability for the total costs whereas the other company has secondary liability in the event that the first polluter is no longer in business.
Assuming that the term structure of interest rates is determined as posited by the pure expectations theory, which of the following statements is CORRECT?
A. In equilibrium, long-term rates must be equal to short-term rates. B. An upward-sloping yield curve implies that future short-term rates are expected to decline. C. The maturity risk premium is assumed to be zero. D. Inflation is expected to be zero. E. Consumer prices as measured by an index of inflation are expected to rise at a constant rate.
Which of the following is an incorrect enterprise view of information technology?
A. Processes are analytical for executives and transactional for analysts. B. Granularity is coarse for executives and fine for analysts. C. Processing is OLTP for executives and OLAP for analysts. D. None of the above.