Risk that can be eliminated by diversification is

A. idiosyncratic risk.
B. market risk.
C. default risk.
D. interest-rate risk.


Answer: A

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Answer the following statements true (T) or false (F)

1. CAE is part of CAD. 2. Myanmar is a significant recipient of outsourcing of manufacturing by industrialized countries. 3. Offshoring results in expedited lead times. 4. The service system design matrix establishes a relationship between three factors of service. One of these factors is the durability of the products used in the system. 5. Veterans Administration Act is an example of a government regulatory act.

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What is a weakness of the Rotary International’s Four-Way Test?

a. It doesn’t raise the issue of dishonesty. b. It doesn’t offer advice on how to deal with a conflict between two questions. c. It cannot be applied to very many scenarios. d. It doesn’t deal with issues such as friendship.

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According to the Minnesota twin studies, what percentage of variance in values related to work motivation is related to heredity?

A. 100% B. 80% C. 60% D. 40%

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For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $80,000; shipping expenses total 2% of sales; and miscellaneous selling expenses are $2,100 plus 1/2 of 1% of sales. Total selling expenses for the month of February are:

A) $185,650 B) $189,500 C) $196,100 D) $230,600

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