Money that is invested in small and sometimes struggling firms that have the potential to become very successful is called
A. seed money.
B. franchise funds.
C. SBA-guaranteed loans.
D. growth funds.
E. venture capital.
Answer: E
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Which is most closely associated with the Calvin cycle?
A. removal of electrons from water for passage through an electron transport system B. carbon dioxide production C. carbon dioxide fixation D. ATP production E. oxygen production
Steve Gentry, the operations manager of Baja Fabricators, wants to purchase a new profiling machine (it cuts compound angles on the ends of large structural pipes used in the fabrication yard)
However, because the price of crude oil is depressed, the market for such equipment is down. Steve believes that the market will improve in the near future and that the company should expand its capacity. The table below displays the three equipment options he is currently considering, and the profit he expects each one to yield over a two-year period. The consensus forecast at Baja is that there is about a 30% probability that the market will pick up "soon" (within 3 to 6 months) and a 70% probability that the improvement will come "later" (in 9 to 12 months, perhaps longer). Profit from Capacity Investment (in Dollars) Equipment Option Market picks up "soon" p = 0.30 Market picks up "later" p = 0.70 Manual Machine -120,000 210,000 NC Machine 140,000 160,000 CNC Machine 200,000 -200,000 a. Calculate the expected monetary value of each decision alternative. b. Which equipment option should Steve take?
Which of the following is an advantage of using local agencies for each national market?
A. It is a highly cost-efficient method. B. It provides the local subsidiary with limited freedom. C. It improves morale in the host office. D. It enables marketers to hire the best talent in each market. E. It reduces diseconomies of scale.
Parity checking is a good error-checking method when it is essential that all errors are detected
a. True b. False