The current yield on a bond is most similar to

A) the discount rate on a Treasury Bill.
B) the effective annual rate on a certificate of deposit.
C) the dividend yield on a stock.
D) the internal rate of return if the bond is held to maturity.


Answer: C

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Products falling under one category of the BCG matrix are most likely to be eliminated. Identify this category

A) cash cows B) dogs C) stars D) problem children

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Top and middle management are primarily responsible for ________ control

A) annual-plan B) efficiency C) profitability D) technological E) innovation

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Welfare capitalism is characterized by:

A. Worker cooperatives or worker-owned companies that redistribute wealth in such a way as to eliminate the need for welfare programs. B. Management systems that emphasize orderly hiring and firing procedures, wage incentives, protective insurance, positive work culture, and employee voice. C. Taxes on the rich which are then redistributed to unemployed workers. D. A free trade system which results in a high concentration of wealth among a very few and large numbers of people on welfare.

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______ focus on the tools required to perform a task, and the appropriate use of the tools specifies the interaction among group members. Tools are defined broadly to include a wide variety of implements or devices.

A. Crews B. Teams C. Task forces D. Individuals

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