Ann promises to give Carlos $50 if he promises to sell her a business law book. This is an example of a(n) __________ contract
a. unilateral
b. bilateral
c. void
d. conditional
b
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Which of the following is not considered one of the basic elements that serve as the foundation by which leaders develop their teams to achieve maximum performance?
a. avoidance of out-group relationships b. shared values, goals, and vision c. dealing with the paradox of interdependence vs. individuality d. management of virtual teams
The researcher must make sure that management does not overly rely on the research results or use them for unintended purposes, such as projecting them to unintended populations
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A moral manager does not focus proactively on ethical issues nor does he or she try to purposely go against the social and legal norms that are expected of the firm by society. 2. The relationship between stakeholders and the firm is based on mutual moral and ethical commitments. 3. A low level of trust allows stringent corporate governance structures to be developed to monitor the actions of the top-level managers. 4. The triple bottom-line is not just a link between stakeholders and the firm but is also a valuable tool the firm uses to enhance its long-term sustainability from both a financial and a nonfinancial perspective. 5. A benefit corporation is an organization that integrates financial, social, and environmental objectives.
One year ago, a U.S. investor converted dollars to yen and purchased 100 shares of stock in a Japanese company at a price of 3,150 yen per share. The stock's total purchase cost was 315,000 yen. At the time of purchase, in the currency market 1 yen equaled $0.00952. Today, the stock is selling at a price of 3,465 yen per share, and in the currency market $1 equals 145 yen. The stock does not pay a dividend. If the investor were to sell the stock today and convert the proceeds back to dollars, what would be his realized return on his initial dollar investment from holding the stock?
A. -22.14% B. -20.31% C. -18.08% D. -23.77% E. -22.55%