From what are performance behaviors derived?

A. The psychological contract
B. The job specifications
C. The job description
D. The skills inventory
E. The replacement chart


Answer: A

Business

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A) it tends to be less accurate, particularly when task times are short. B) it observes several workers simultaneously. C) it is more expensive than time-study methods. D) it is more intrusive than time-study methods, and therefore generates more complaints. E) All of the above are disadvantages of work sampling.

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Which of the following is true about the Security Market Line (SML)? The SML:

A) Expresses a relationship between expected returns and systematic (non-diversifiable) risk. B) Expresses the equilibrium relationship between expected returns and risk for all stocks. C) Expresses the long-run average return. D) Is a function of beta. E) All of the above are true.

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Late trading and market timing

A) allow large, favored investors in a mutual fund to profit at the expense of other investors in the fund. B) hurt ordinary investors by increasing the number of fund shares and diluting the fund's net asset value. C) are both A and B of the above. D) are none of the above.

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A offers B $100,000 for his farm, and they sign an agreement for the sale. Before the money is paid, A finds out that the market value of the farm is only $55,000 . A:

a. must buy the farm, but the price will be lowered to create consideration of proper value b. does not have to go through with the contract because there is not adequate consideration c. does not have to go through with the contract because there was a mistake of fact d. must buy the farm, but the price will be lowered when the court reforms the contract e. none of the other choices

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