When do derivatives increase overall risk?
A) when investors use them to gamble against market trends
B) when firm try to use them to create a perfect hedge
C) when banks use them to cover possible foreign exchange exposure
D) Derivatives always increase overall risk.
Answer: A
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During weekly conference calls, Mary, a restaurant manager for a national chain of restaurants, and the other managers in her district explain to their district manager the reasons for different decisions; they also explain why certain costs and sales were higher or lower than they were the previous week. _______ is the explanation of their decisions and work results.
A. Accountability B. A stepped decision C. A hierarchy of authority D. Touching E. Power
________ refers to the ways an organization's people encourage training.
A. Situational constraint B. Employee orientation C. Social support D. Benchmarking E. Experiential program
What is an example of an interactive control?
a. Limits on spending authority at a managerial level b. Stated organizational values c. Sales data based on changed selling efforts d. Market intelligence data
Daniel went onto an Internet message board and found that his ex-wife, Faye, had posted a message calling him a fat, insensitive jerk who only cared about watching sports on TV. Does Daniel have any protection against Faye's making such statements to a potentially large number of readers, some of whom may know Daniel and some of whom may not?