The management of a telecommunications company informs the members of its sales team that if they continue to underperform, the management will have no other option but to downsize the team. In this scenario, the approach adopted by the management reflects the assumptions of _____.
A. equity theory
B. Theory Y
C. Theory X
D. expectancy theory
Answer: C
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In order to implement a mass-personalization strategy, a business's database marketing system must be able to track individual customers and their buying history
Indicate whether the statement is true or false
Computer-based instructions such as help menus are also called _________________________
Fill in the blank(s) with correct word
Using data from the National Labor Relations Board, it is estimated that the majority of employers have done all of the following during a union representation campaign except:
A. Held one-on-one meetings between employees and their supervisor B. Used outside consultants C. Held more than one captive audience meeting D. Illegally discharged union supporters from their jobs
Which of the following statements is CORRECT? Assume that the firm is a publicly-owned corporation and is seeking to maximize shareholder wealth.
A. If a firm has a beta that is less than 1.0, say 0.9, this would suggest that the expected returns on its assets are negatively correlated with the returns on most other firms' assets. B. If a firm's managers want to maximize the value of the stock, they should, in theory, concentrate on project risk as measured by the standard deviation of the project's expected future cash flows. C. If a firm evaluates all projects using the same cost of capital, and the CAPM is used to help determine that cost, then its risk as measured by beta will probably decline over time. D. Projects with above-average risk typically have higher-than-average expected returns. Therefore, to maximize a firm's intrinsic value, its managers should favor high-beta projects over those with lower betas. E. Project A has a standard deviation of expected returns of 20%, while Project B's standard deviation is only 10%. A's returns are negatively correlated with both the firm's other assets and the returns on most stocks in the economy, while B's returns are positively correlated. Therefore, Project A is less risky to a firm and should be evaluated with a lower cost of capital.