Lakshmi is confident that the price of gold is going to rise because the rate of inflation is increasing. To profit from her prediction, Lakshmi should
A) buy gold bullion today and then sell an equivalent amount of gold futures.
B) buy a gold futures contract today.
C) sell short a futures contract today.
D) sell short one futures contract and offset it by buying an equivalent long futures contract.
Answer: B
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Which of the following scenarios qualifies as strategic philanthropy in a competitive context social dimension?
a. An international coffee supply company donates money to struggling entrepreneurs who open new restaurants in a major city. b. A credit card company gives money to a nonprofit that donates used medical supplies to international groups. c. A hedge fund manager donates some of her employees’ time to tutor elementary school children at a local public school. d. A community giving nonprofit funds to a water treatment facility in a foreign developing country.
Which of the following channels is most likely to get the quickest response?
A. e-mail B. voicemail C. text message D. memo
Costs that are caused by the inefficient performance of value-added activities are non-value added costs
Indicate whether the statement is true or false
A shareholder's authorization of another person to vote the shareholder's shares at the shareholders' meetings in the event of the shareholder's absence is called ________
A) straight voting B) an accommodation C) voting by proxy D) an insider director