Roland purchases a life insurance policy and names his spouse, Carol, as a beneficiary. Roland's children, Sasha and Alex, are to share the benefits equally if Carol dies before him. His church is to receive the proceeds if his spouse and children all predecease him. The primary beneficiary is

Capricorn Creative Inc., a U.S.-based advertising firm, was the first in the advertising industry to identify the growth potential of Brazil and to make huge investments in its economy. As a result, the firm was able to build brand loyalty and gain experience in that country's business practices. In the language of business strategy, Capricorn Creative has typically benefited from:

A. a first-mover advantage. B. forward integration. C. unrelated differentiation. D. lateral diversification. E. technology transfer.

Karla's candle factory is considering two different manufacturing options. Option A is highly automated with fixed costs of $25,000 and variable costs of $.1/candle

Option B uses hand labor with fixed costs of $10,000 and variable costs of $.5/candle. If demand for Karla's candles is 25,000, which option should she pick?