A disadvantage of an application service provider (ASP) is that:
a. it is highly expensive and delivers information at a slow rate. c. it does not provide any level of technical support to an organization.
b. it does not guarantee that an application will fully meet an organization's needs. d. it often fails to keep an application up to date based on users' requests.
B
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The maximum number of customers who can enter the market given a specific served market definition is known as ________
A) market penetration B) market potential C) rate of entry D) current market demand E) market diversification
Jamie wrote a nine-month put on Beta stock. The strike price was $25 and the market price at the time the option was written was $24
The total price of the option contract was $150. At what market price will Jamie just break-even on this investment? Ignore transaction costs and taxes. A) $23.50 B) $24.00 C) $25.00 D) $26.50