Greg created an instructional game for employees to demonstrate how financial markets work. the game was a multiple stage lottery. half the players "lost" at each round and dropped out. after each round, winners could bargain, selling their tickets or combining tickets into pools. although luck was a factor, skill or a willingness to take risk soon dominated. the losers thought it was unfair. the winners argued it was fair under

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Use the internet to research legal concerns that could result from increased use of technology in business. discuss some of these concerns.

Choose the term that best matches the description given. when the materials for the product are in short supply, but the demand is high, it is called