Dash Brevenshure works for the currency trading unit of ING Bank in London. He speculates that in the coming months the dollar will rise sharply vs. the pound. What should Dash do to act on his speculation?

A) Buy a call on the pound.
B) Sell a call on the pound.
C) Buy a put on the pound.
D) Sell a put on the pound.

Answer: C

Business

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Influence is best defined as the:

A. potential to manipulate others. B. capacity to produce effects on others. C. degree of actual change in a target agent's values. D. status differential between members of a group.

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Harry's caters to the clothing needs of men, manufacturing two different lines of fashion based on the purchasing power of its customers. One product line caters to the needs of affluent, middle-aged men, and the other line targets younger, up-and-coming professionals. Harry's most likely segments the consumer market based on ________ variables.

A) geographic B) psychographic C) universal D) demographic E) behavioral

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