Most big US retailers (e.g., Walmart and Best Buy) failed in their efforts to expand in international markets like Canada and South Korea because their business model failed to meet consumer needs in local markets. Their failure reflects ________.

In capital budgeting, risk refers to ________

A) the chance that a project will prove acceptable B) the conflicting IRR and NPV in a project C) the degree of variability of initial outlay D) the uncertainty of cash inflows

Which of the following is a type of volatile memory typically consisting of integrated circuits located close to the central processing unit (CPU)?

A) random access memory B) flash memory C) read-only memory D) bubble memory