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NEW QUESTION: 1
Complete the sentence. The Architecture Landscape is divided into three levels, Strategic Architectures, Segment Architectures and _____________.
A. Transition Architectures
B. Capability Architectures
C. Baseline Architectures
D. Solution Architectures
E. Target Architectures
Answer: B

NEW QUESTION: 2
更新タスクは、データベースに変更を加える唯一の方法です
A. 偽
B. 真
Answer: A

NEW QUESTION: 3
What will be the impact on inventory turns if average inventory levels are cut in half and all other operating conditions remain the same?
A. Turns will remain constant
B. Turns will be cut in half
C. Turns will double
D. Turns will increase by the square root of 2
Answer: C

NEW QUESTION: 4
An investor expects stock prices to move either sharply up or down. His preferred strategy should be to:
A. buy a straddle
B. buy a butterfly spread
C. buy a collar
D. buy a condor
Answer: A
Explanation:
Straddles and strangles are strategies that would benefit from sharp movement in option prices, regardless of direction. These comprise a long call and a long put, which would benefit regardless of whether prices rise or fall. The only time they would lose money would be when prices stay constant.
A collar would gain when stock prices fall, and not when they rise. Since our investor does not have a view on the direction of the movement, this strategy will not work for him.
A butterfly spread or a condor would gain when prices stay range-bound, so that cannot be a useful strategy.
Therefore Choice 'd' is the correct answer.