Western Jet Requires a Minimum of 1,000,000 Litres of Jet

question 9

Multiple Choice

Western Jet requires a minimum of 1,000,000 litres of jet fuel each month to keep its fleet of Airbus 380A passenger jets running.If Western Jet Operations Manager enters into a future contract to buy 750,000 litres of jet fuel in 90 days he is engaging in ____________.

• A) Speculation
• B) Swap options
• C) Selling Short
• D) Hedging

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Definitions:

Explicit Conclusions

Clearly stated outcomes or deductions made at the end of a research study or logical analysis.

Persuasiveness of Advertisement

The ability of an advertising message to convince or influence viewers to take a specific action or adopt a particular viewpoint.

Own Conclusions

Personal judgments or decisions made after considering the information or evidence at hand.

Increases Persuasiveness

Enhancing the ability to convince others to agree with an argument, viewpoint, or request.