1. It is a month after spring break and because Sharon and Karen had so much fun on their beach vacation, they have created a business plan to show profit/loss for a sunscreen kiosk at a resort and are now moving to Florida. They already have their supplier network identified and marketing material prepared for the resort where their kiosk will be located. Their new business will open in 2 weeks. This is an example of: a) creativity b) setting objectives c) innovation d) a programmed decision 2. Using a decision tree model, if there is an assumption that expanding the business will result in a 80% chance of increased expenses, what is the assumed likelihood of increased expenses without expanding the business? a) 100% b) 40% c) 60% d) 20%