Which type of mutual fund consists of both stocks and bonds with a combined objective of current income and long-term capital gains?

A) equity-income
B) balanced
C) value
D) bond


Answer: B

Business

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During Lewin's changing stage, managers should

A. reduce the barriers to change. B. make employees dissatisfied with the present situation. C. reinforce the desired change. D. give employees new information, perspectives, and models for behavior. E. encourage employees to exhibit the new change.

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In applying the simplex solution procedure to a minimization problem to determine which variable enters the solution mix,

A) pick the one with the most positive Cj - Zj. B) pick the one with the largest Cj. C) pick the one with the smallest Zj. D) pick the one with the most negative Cj - Zj. E) pick the smallest nonnegative number formed by dividing each amount in the quantity column by the appropriate column at the exiting variable.

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The following objective function is nonlinear: Max 5X + (1/8)Y - Z

Indicate whether the statement is true or false

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Under Article 2, an acceptance is invalid if the parties intend to form a contract but the offeree's acceptance contains different terms from the original offer

a. True b. False Indicate whether the statement is true or false

Business