The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in each key area of the organization must develop plans to carry out core strategies in their area.
A. middle managers
B. first-line managers
C. supervisory managers
D. top managers
Answer: A
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An act of sexual harassment violates a victim's civil rights if it is unwelcome and "sufficiently severe" and ________.
A. Creates role ambiguity for employees B. Empowers only selected few employees C. Sets unfair labor standards D. Creates abusive working environment E. Interferes with employees' privacy
Which of the following statements about teams is true?
A) Teams are good for innovation, but they reduce productivity. B) Working in teams tends to be slower than working independently. C) Teams can be powerful forces for creativity and change. D) Working in teams tends to lower employees' esteem. E) Teams can be powerful forces for quality, but they are expensive.
If the shape of the curve depicting a firm's WACC versus its debt ratio is more like a sharp "V", as opposed to a shallow "U", it will be easier for the firm to maintain a steady dividend in the face of varying investment opportunities or earnings from year to year.
Answer the following statement true (T) or false (F)
Given the rate information in the table below, estimate the nominal rate for a AA-rated corporate bond
Assume a liquidity premium of 8 basis points. Identify as part of your answer the inflation risk premium, the default risk premium, the maturity premium, and the liquidity premium. 3-month T-bills 2.0% 30-year Treasury bonds 5.0% AA-rated corp. bonds 8.0% Inflation Rate 1.0%