The term ""wildcatting"" refers to:

A) drilling for oil or gas where none has occurred previously.
B) small-cap mutual fund diversification.
C) buying new-construction real estate for speculative appreciation value.
D) limiting your investment portfolio to IPOs.

Ans: A) drilling for oil or gas where none has occurred previously.

Business

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________ is the third, or "nuts-and-bolts," level of planning

A) Strategic planning B) Functional planning C) Operational planning D) Product development E) Business planning

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When considering an HMO or PPO, which of the following would you not consider regarding the cost of the plan?

A) Monthly premiums B) Coinsurance C) Number of doctors accepting new patients D) Maximum out-of-pocket expenses per year

Business