There was no way that the study tour to Italy could cost only $1500 for 14 days and 13 nights and include all transportation, meals and hotels, but the smarmy professor knew that students would balk at a higher advertised price
Once they were thousands of miles away from home in a country where none of them spoke the language it would be easier to tell them about unanticipated charges and approach the more realistic price of $3500 per person. This type of:
A) Specification change is a common reason for a cost overrun.
B) Lack of definition is a common reason for a cost overrun.
C) Low initial estimate is a common reason for a cost overrun.
D) Unexpected technical difficulty is a common reason for a cost overrun.
C
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Packaging is an important consideration for products that are shipped to markets worldwide. Which of the following statements related to packaging is not true?
A) Nestlé's worldwide network of packaging teams provide improvement suggestions on a quarterly basis. B) The Japanese prefer plain soft colors on their packages. C) The Aquafresh Ultimate tube was designed to stand vertically. D) Coca-Cola had contour bottles in both glass and plastic versions in many countries. E) Nestlé asked suppliers to find a glue to make the clicking sound louder when a tube of Smarties brand chocolate candies are unwrapped.
Sovereign wealth funds are owned by which of the following?
A) MNEs B) private investors C) national governments D) publicly traded corporations