Natalie Simopoulos, director of procurement at Grecian Glass Company must approve every purchase order, and Anthony Markatos, purchasing manager, must authorize any sales rep who wants to talk to a Grecian Glass employee. Natalie and Anthony are acting as _____ and _____, respectively.

An office manager needs office supplies, so he fills out a form indicating what he needs and sends it to the purchasing department to be ordered. This form is usually called

The the total value that a customer provides to a firm (including all revenue gained from all transactions over a customer’s life) is called ____________ _______________ ____________

Complete acceptance of the “marketing concept” would require:

Which of the following gives the correct order of the steps in the new-product development process?

__________ are a type of limited-function wholesaler that owns products they sell, but do not actually handle, stock, or deliver them.

A firm involved in international marketing should pay even more attention to segmenting than a firm that sells only in the United States.

  Choose ONE question to answer. Your answer should demonstrate critical engagement with the material, textual evidence, and clear, organized writing. Analyze: Both Anne Bradstreet and Mary Rowlandson were Puritan women who expressed their faith through writing. However, their works serve different purposes and reflect different experiences. Compare and contrast how each woman presents her relationship with God. What role does suffering play in their expressions of faith, and how do their works reflect Puritan beliefs about divine providence? Evaluate: Mary Rowlandson’s Narrative of the Captivity and Restoration has been criticized for its portrayal of Native Americans, yet it was one of the most widely read works of its time. To what extent should Rowlandson’s account be read as a historical document, and to what extent should it be read as Puritan propaganda? Support your argument with evidence from the text and historical context. Apply: Anne Bradstreet’s poetry often explores themes of love, loss, and spiritual reflection within the constraints of Puritan culture. Choose one of Bradstreet’s poems and connect its themes to a modern issue or experience. How might Bradstreet’s reflections on personal suffering, devotion, or the role of women still resonate today? Create: Imagine that Mary Rowlandson and Anne Bradstreet were able to meet and discuss their experiences as Puritan women. Write a dialogue between them in which they discuss faith, suffering, and the expectations placed upon women in their society. Use evidence from their texts to make their perspectives authentic. Understand: Both Rowlandson’s and Bradstreet’s works are shaped by Puritan theology, particularly the belief in divine intervention and the idea of testing one’s faith through hardship. Synthesize their works by identifying how each woman portrays God’s role in their personal struggles. How does their writing either reinforce or complicate Puritan views on suffering and redemption?

Choose ONE question to answer. Your answer should demonstrate critical engagement with the material, textual evidence, and clear, organized writing. Analyze: Benjamin Franklin’s Autobiography presents an image of self-improvement, hard work, and moral virtue. Analyze how Franklin constructs his own identity in his writing. What rhetorical strategies does he use to shape his persona, and how does this self-presentation reflect Enlightenment ideals? Evaluate: Franklin’s list of thirteen virtues is often considered a model of personal discipline and ethical living. Evaluate the relevance of Franklin’s virtues in modern society. Would these values still be useful today? Are there any that seem outdated or in need of revision? Apply: Franklin’s belief in self-improvement was central to his life and writing. Choose one of Franklin’s virtues and apply it to a real-world situation today. How could practicing this virtue change someone’s personal or professional life? Provide specific examples. Create: Imagine Benjamin Franklin was alive today and updating his Autobiography to reflect the 21st century. Write a new virtue that Franklin might add to his list and explain why it would be necessary in today’s world. How would this virtue align with his philosophy of self-improvement? Understand: Franklin’s famous “rags-to-riches” story and his emphasis on hard work and frugality have become deeply embedded in American culture. How does Franklin’s Autobiography contribute to the idea of the “American Dream”? Compare his vision of success with how the American Dream is understood today.

Suppose you are a market-maker in FIM stock forward contracts. The stock is currently priced at $1000. The dividend yield on the stock is 2%, and the continuously compounded risk free interest rate is 8%.  (a)    What is the no-arbitrage forward price for delivery in 6 months?  (b)    Suppose a customer wishes to enter a long forward position on FIM. If you take the opposite position, demonstrate how you would hedge your resulting short position using the FIM stock and borrowing or lending.