Which of the following statements is (are) true with respect to an equity-indexed annuity?
I. The maximum percentage gain is usually capped.
II. There is no downside protection against loss of principal if the annuity is held to term.
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: A
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Walmart used its investments in information technology to create direct links between its own warehouses and manufacturers, thereby eliminating the need for independent wholesalers in its system. This is an example of:
A) reintermediation. B) disintermediation. C) hybrid system. D) channel conflict.
Answer the following statements true (T) or false (F)
1. Downward communication is a short and simple yet serious statement uttered by a superior and targeted toward a particular subordinate that is intended to reinforce appropriate work behavior and conduct. 2. Workplace rebellion occurs when you express disagreement or contradictory opinions about the workplace and its policies, practices, and employees. 3. The choice of which kind of dissent to use is often based on the perception of whether the response to the trigger event will be viewed as constructive or adversarial. 4. Workers who express upward dissent tend to have a low-quality relationship with their superiors, marred by distrust. 5. Mentor–protégé relationships develop between an experienced colleague who has attained career success and a less advanced colleague who demonstrates the potential to be equally successful at work.
Company Downsizing You are the president of Technik Inc Global competition and reduced market share have sent profits on a downward spiral, which will result in employee layoffs. Nearly 10 percent of the employees will be laid off, effective in one
week. They will receive two weeks' severance pay, accrued sick leave pay, and career consulting from the human resources department. Write an interoffice memorandum announcing this negative organization news.
Food Flight offers unique food options that are flown in fresh from key cities. Customers can order smoked salmon from Alaska, shrimp creole from Louisiana, and Texas ribs from Dallas. What problem does Food Flight address?
a. lack of skill b. lack of money c. lack of access d. lack of time