Which of the following statements regarding Bechtel is true?
A) Its competitive advantage is project management.
B) Bechtel was the construction contractor for the Hoover Dam.
C) While helping to rebuild Iraq, Bechtel's crews had to travel under armed escort.
D) Bechtel's procurement program is global in nature.
E) All of the above are true.
E
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The basic notion behind the idea of a "Hierarchy of Sales Objectives" is that some objectives are more important than others.
a. true b. false
Lawson bought a parcel of raw land in 1963 and subdivided it into four separate lots. Twenty-five years later, he sold each lot for $10,000. The adjusted basis for each lot was $2,000. Lawson's long-term capital gain on these transactions is:
A: $8,000; B: $32,000; C: $40,000; D: Cannot be determined from the information given.