Companies that pursue a clear strategy will likely perform well. Firms that do not pursue a clear strategy are called ________
A) jack-of-all-trades
B) middle-of-the-roaders
C) niches
D) red oceans
E) laggards
B
Business
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Which alternative is not characteristic of an Internet broker?
A) Easy account access for placing and monitoring orders B) Typically offers an excellent Web site C) Places restrictions on the number of trades you can make D) Has very low commissions
Business
The 6-month futures price for oil is $96.60 per barrel (or 2.30 cents per gallon). The 6-month futures prices for gasoline and heating oil are 2.50 cents and 2.15 cents, respectively. What is the gross margin on a simple 3-2-1 crack spread?
A) $0.25 B) $0.35 C) $0.54 D) $0.68
Business