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NEW QUESTION: 1
A starting point for developing competitive strategies is customer value analysis (CVA). According to theCVA approach.
A. Strong competitors should be avoided even when they have exploitable weaknesses.
B. Bad competitors rather than good competitors should be targeted.
C. Distant competitors are the usual threats.
D. Customer value equals customer benefits.
Answer: B
Explanation:
Bad competitors should be targeted rather than good competitors. The former disturb the competitive equilibrium, e.g., by excessive expansion of capacity or overly risky behavior. The latter make sound business decisions that promote the long-term health of the industry, e.g., about prices, entry into newsegments, and pursuit of market share.
NEW QUESTION: 2
Which one of the four following statements about back testing the VaR models is correct? Back testing requires
A. Plotting the daily profit and losses along with the ranges predicted by VaR models
B. Determining the proportion of daily profits exceeding those predicted by VaR.
C. Plotting VaR forecasts against the proportion of daily losses exceeding the average loss.
D. Comparing the predictive ability of VaR on a daily basis to the realized daily profits and losses.
Answer: D
NEW QUESTION: 3
The small hive beetle, Aethina tumida (Order Caleoptera; Family Nitidulidae), was first discovered in
Florida in June of 1998 and has now been found in six other states, George, South Carolina, North
Carolina, Pennsylvania, Ohio, and Minnesota. To date, the beetle has not been found in Virginia, but the
movement of migratory beekeepers from Florida may have transported the beetle to other states. Recent
finding also indicate transport of the beetles in packages. The small hive beetle can be a destructive pest
of honey bee colonies, causing damage to comp, stored honey, and pollen. If a beetle infestation is
sufficiently heavy, they may cause bees to abandon their hive. The beetles can also be a pest of stored
combs and honey (in the comb) awaiting extraction. Beetle larvae may tunnel through combs of honey,
causing discoloration and fermentation of honey.
The small hive beetle is undesirable for all of the following reasons except
A. the possibility that bees may flee the hive
B. the harm it can cause to the honeycomb
C. the way it can stain and spoil honey
D. the probability of the beetle attacking people and animals
E. potential deleterious effects to stored honey and pollen
Answer: D
Explanation:
This is a literal comprehension question. Every answer but choice D can be found in the passage.