Denny Is the Owner of a Popular Ice-Cream Parlor

question 81

Multiple Choice

Denny is the owner of a popular ice-cream parlor.He also has a retail distribution network in the form of ice-cream vans that go around the city.With the help of this distribution network, Denny is able to efficiently manage the movement of goods and keep the costs lower than other ice-cream shops.This is an example of ________.

• A)bounded rationality
• B)organizational slack
• C)entrepreneurial breakeven
• D)sustainable competitive advantage

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Definitions:

Spot Rate

The ongoing market rate at which a certain currency is available for buying or selling for immediate dispatch.

Unbiased Forward Rate

Theoretically, a forward rate in the currencies market that is equal to the spot rate adjusted for interest rate differentials, without any prediction of future direction.

Forward Rate

The agreed-upon price for a financial transaction that will occur at a future date, often used in the context of foreign exchange or interest rates.

Spot Rate

The current market price of a currency, security, or commodity available for immediate settlement.