Asset allocation should focus on
A) the investor's financial and family situation.
B) selection of individual securities within an asset class.
C) maximization of current income.
D) maximization of short-term profits.
Answer: A
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A lowest level manager in product management structure is termed:
A) product manager. B) marketing manager. C) product group manager. D) planning manager.
In an effort to increase sales, Sharpy Razor Blade Company inaugurated a sales promotion campaign on June 30, 2014, whereby Sharpy placed a coupon in each package of razor blades sold, the coupons being redeemable for a premium. Each premium costs Sharpy $0.75, and five coupons must be presented by a customer to receive a premium. Sharpy estimated that only 60 percent of the coupons issued will
be redeemed. For the six months ended December 31 . 2014, the following information is available: Packages of razor blades sold ......................... 400,000 Premiums purchased .................................... 30,000 Coupons redeemed ...................................... 100,000 What is the estimated liability for premium claims outstanding at December 31 . 2014? a. $15,000 b. $20,000 c. $21,000 d. $22,500
Corporate managers who fail to give due consideration to the rights of employees and other concerned groups in the pursuit of profit are treating these groups as means to the ends of stockholders. This is unjust according to the ________.
A. stockholder theory B. financial framework C. rights-based ethical framework D. classical tradition
Professionals are required to deliver services but the competency of the services is never an issue
Indicate whether the statement is true or false