Scot, a manager at a hotel decided to launch a new type of cuisine in his restaurant, as the restaurant was incurring losses because of negative feedback on its existing cuisine. Scot had to take a decision immediately to improve the situation and was aware of the possible consequences of his actions. Scot had to take the decision in a(n) environment.

How can a poor housing market put home buyers in a financially unstable position? a. changing property values means it’s easier to find homes with low rental costs. b. when the home value decreases, property taxes and insurance costs increase. c. houses are valued lower than their purchase prices, so the home equity decreases. d. home buyers lose all tax benefits and tax incentives when the housing market goes down. e. mortgage payments can increase even though the home value decreases.

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond