In the American society, the _____ were the first businesses to require modern management structures.

Fill in the blank(s) with the appropriate word(s).

Answer: railroads

Business

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What percentage of NBA television revenues and merchandise sales come from foreign markets?

A. 5% of each B. 20% of each C. 40% of each D. 12% of each

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Which of the following is a typical bid-offer spread on the swap rate for a plain vanilla interest rate swap?

A. 3 basis points B. 8 basis points C. 13 basis points D. 18 basis points

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