Which of the following characterizes country risk?

A) The political and legal systems of adjacent nations greatly impact the country risk of nations that host foreign firms.
B) Country risk will change only after the creation of laws and regulations that affect foreign firms.
C) A nation's country risk level remains fairly constant until the election and installation of a new political leader.
D) Country risk is always present, but its nature and intensity vary over time and from country to country.

D

Business

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A) adopting a hands off approach so people can do their jobs. B) coordinating all efforts. C) providing a prompt response. D) maintaining accurate communications.

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There is a tutoring lab at a university that holds 20 students. Due to the popularity of the 3 tutors, the lab is always at capacity

Each student approaches a tutor an average of 2 times per hour, and a tutor spends on average 5 minutes per question from a student. The service time follows an exponential distribution. (a) What proportion of the time are the tutors busy? (b) What is the average waiting time for students in queue?

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