What is the difference between simple interest and compound interest? Is the amount of interest higher or lower when the interest is simple rather than compound?
Simple interest is calculated on the balance of the principal only. Compound interest is calculated on the principal plus previous amounts of interest accumulated. The amount of interest accumulated by simple interest is always less than the amount if interest is compounded at the same interest rate.
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The theory under which people make the choice that promises them the greatest reward if they think they can get it is
A. goal-setting theory. B. expectancy theory. C. reinforcement theory. D. equity theory. E. two-factor theory.
With regard to EBM, leaders are encouraged to emphasize drawbacks as well as ______.
A. failures B. hindrances C. virtues D. deal breakers
Primary goals of an MPR plan should have all of the following characteristics EXCEPT being ________
A) general B) tangible C) measurable D) relevant E) attainable
MNC diversification into new territories is more likely to occur when:
a. Firms possess high endowments of intangible resources such as knowledge b. Firms are in information-intensive industries seeking intangible resources such as knowledge c. Firms’ top management teams have an elite education, low average age and great international experience d. All the above