When consumers are highly involved with the purchase of an expensive product and they perceive significant implications if a poor choice is made, they most likely will undertake ________

Which of the following statements about Bechtel is true?

A) Even though Bechtel is over 100 years old, the Kuwaiti oil fields was its first "project." B) Bechtel is the world's premier manager of massive construction and engineering projects. C) Bechtel's competitive advantage is supply chain management. D) While its projects are worldwide, its network of suppliers is largely in the United States E) All of the above are true.

Which one of the following statements is correct if a speculator short sells a commodity or financial futures contract?

A) The speculator expects to profit from a decline in the price of the contract. B) The speculator stands to make an unlimited amount of profit since there is no limit to how high the price of the underlying commodity or financial instrument can rise. C) The speculator is hoping to gain some of the benefit derived from the volatile price while limiting his/her exposure to loss. D) The speculator may be hedging if the underlying commodity is not in the speculator's possession.