According to the Wharton/CIBC Survey of 1998 on hedging, only when a firm is sufficiently large to overcome the fixed costs of hedging does the firm

A) create an international division responsible for hedging.
B) institute tax shelters using hedging devices.
C) institute a hedging policy.
D) hold only the cash manager responsible for hedging.


Answer: C

Business

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An MPR professional most likely supplements a firm's connector list by

A) asking competitors of the firm to share their lists. B) relying on commercially available databases. C) individually monitoring thousands of Websites, blogs, and social networks. D) randomly choosing connectors they assume audiences are watching. E) attending special connector networking events designed just for this purpose.

Business

The laborers at Lillon Fabrics are paid on a daily-wage basis. When the employee union announces a strike that involves cessation of work, one of the employees, Lina, is hesitant to participate, as it would mean her employer withholding her pay

Which of the following is true of this case? A) Lina must participate in the strike as participation in all union activities is mandatory for the employees. B) Lina need not participate in the strike. C) Lina's employer is obligated to pay her even if she ceases to work and join the strike. D) Lina must find a replacement employee before joining the strike.

Business

Which of the following would most probably be considered a valid offer?

A) "Would you like to buy this?" B) "I'd give $50 for a cold glass of water." C) "Special sale on DVRs today - $200 each." D) "$100 reward for return of lost white-gold, men's wedding band inscribed with initials 'TEA' to Tony Adams, 350 Main Street, Peoria."

Business

A specialty store is not only a type of store, but also a method of retail operations. Describe the specialty store strategy. Then name two examples of specialty stores.

What will be an ideal response?

Business