The "perfect storm" of factors that contributed to the economic crisis of 2007 include
A) agency costs, inefficient markets, and perfect capital markets.
B) poorly chosen mortgage loans, falling housing prices, and a contracting economy.
C) financial deregulation, unchecked commodity prices, floating currency exchange rates.
D) increases in the minimum wage rate, unchecked illegal immigration, and state government
deficits.
B
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A 10% coupon bond maturing in 10 years that requires annual payments is expected to make all coupon payments but to pay only 50% of par value at maturity. What is the expected yield on this bond if the bond is purchased for $975?
A. 10.00% B. 6.68% C. 11.00% D. 8.68% E. None of the options are correct.
Which of the following defines an avatar used in training by simulation?
A. A computer-based technology that provides an interactive three-dimensional learning experience. B. A computer application that automates the administration and delivery of a training program. C. A computer depiction of employees that can be manipulated in an online role-play. D. A computer application that conducts needs assessments for an organization. E. A technology that provides access to skills training, information, and expert advice when a problem occurs on the job.
Vertical analysis of income statements automatically provides the cost of goods sold ratio and the gross profit ratio.
Answer the following statement true (T) or false (F)
Which of the following is not an emerging trend in OM:
a. As workers age, we will have a less diverse workforce in the future. b. Competition is increasingly global. c. Rising customer expectations. d. Manufacturing is more green and more innovative.