Briefly discuss futures options. What are they, and what advantage do they offer an investor?

What will be an ideal response?

Answer: A futures option is a listed put or call on actively traded futures contracts. They offer a very high degree of leverage and are available on commodities and financial futures. They trade just like other options. One advantage they offer an investor is that they limit loss exposure to the price of the option, while offering the potential for high returns.

Business

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A patient of Dr. Albrecht told the dentist he needed to buy a machine that would sterilize his dental tools without using any water because water tends to cause the tools to rust or corrode over time

Dr. Albrecht, who runs a solo practice in a small town, located some articles on the chemical sterilizer and read about how the suggested machine works. After gathering more information and talking to salespeople, Dr. Albrecht placed his order for the machine. In terms of the buying center, Dr. Albrecht had the role of ________. A) liaison B) decider C) agent D) expert E) researcher

Business

Kora is reviewing her company's pay structure and sees, "Grade 3, Able to work independently and use WordPerfect software, $14.57 hr." Kora is most likely reviewing a:

A) job-based pay structure. B) skill-based pay structure. C) decentralized pay system. D) knowledge-based pay system.

Business