If You Find a Photograph Online That You Want to Use

question 17

Multiple Choice

If you find a photograph online that you want to use in a document,

• A)you don't need permission-you are protected by fair use doctrine.
• B)you don't need permission unless you are using it in marketing materials.
• C)if it is not specifically offered free,assume that someone owns it and is entitled to credit and/or payment.
• D)you can do so without permission unless you have to pay to download it.
• E)add it with an embedded link.

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Definitions:

Hurdle Rate

The minimum rate of return on an investment that a business requires before it will proceed with the project.

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital where each category of capital is proportionately weighted.

Fixed Order Interval

A replenishment method where orders are placed at fixed intervals, ensuring a periodic review and stock refill.

EOQ Model

Economic Order Quantity Model, an inventory management tool used to determine the optimal order size that minimizes total inventory costs including holding and ordering costs.