A Farmer with Wheat in the Fields and Who Uses

question 50

Multiple Choice

A farmer with wheat in the fields and who uses the futures market to protect a profit is an example of:

• A) a long hedge.
• B) a short hedge.
• C) selling futures to guard against a potential loss.
• D) Both a long hedge and selling futures to guard against a potential loss.
• E) Both a short hedge and selling futures to guard against a potential loss.

Comprehend the impact of globalization on entrepreneurship.

Recognize the demographic and economic trends affecting entrepreneurship.

Identify how information technology supports entrepreneurial ventures.

Discern the types of financing available to entrepreneurs and their characteristics.

---

Definitions:

Programmed XIO Instruction

In PLC programming, an "Examine if Open" instruction that checks if a specific condition or input is false.

Bit Status

Refers to the on or off condition of a bit within a digital system, where '0' typically represents off and '1' represents on.

Logic Continuity

The consistent application and flow of logical operations or conditions within a system, ensuring coherent and expected behavior.

OFF Condition

A state or mode in which a system, circuit, or device is deactivated or not functioning.