"Maintenance group knows or has access to all assumptions and decisions behind the system's original design" is an advantage of which maintenance organizational structure?

A) Separate
B) Non-functional
C) Combined
D) Functional


C

Business

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The worst loss that could ever happen to a firm is referred to as the

A) maximum possible loss. B) probable maximum loss. C) frequency of loss. D) severity of loss.

Business

Jade Inc. serves as an intermediary between Stone Corp., a gem supplier, and Purple, a jewelry store. If Jade limits its selling activity to accepting orders from Purple and conveying them to Stone Corp., Jade is most likely in the ________ stage of personal-selling evolution.

A. prospector B. provider C. persuader D. procreator E. problem-solver

Business

Most cases brought under the Robinson-Patman Act are by private parties

a. True b. False Indicate whether the statement is true or false

Business

A company has identified the following investments as looking promising. Each requires an initial investment of $1.2 million. Which is the best investment?

A) a perpetuity that generates a cash flow at the end of year 1 of $100,000, has a growth rate of 1.25%, and a cost of capital of 11.0% B) a perpetuity that generates a cash flow at the end of year 1 of $800,000, has a growth rate of 2.25%, and a cost of capital of 11.8% C) an investment that generates a cash flow of $400,000 at the end of each of the next five years, when the cost of capital is 6.1% D) an investment that generates a cash flow of $200,000 at the end of each of the next ten years, when the cost of capital is 6.1%

Business