Damien buys stocks worth $2800 in a cosmetic products manufacturing company. His investment turns out to be a sound decision as the prices of his stocks go up by $900. In this scenario, Damien earns a _____.

A. price override
B. bequest value
C. consumer surplus
D. capital gain


Answer: D

Business

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The justification for the accrual basis of accounting lies in the needs of financial statement users for periodic information on the financial position and the profitability of the entity

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

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______ analyzes individuals’ performance from all sides—from their supervisor’s viewpoint, from their subordinates’ viewpoint, from their customers (if applicable), from their peers, and from their own self-evaluation.

A. The critical incidents method B. A 360-degree evaluation C. The management by objectives (MBO) method D. The narrative method or form

Business

Why is the development of sales territories inefficient for some companies?

What will be an ideal response?

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Which of the following is true of competency-based plans?

A. These plans are free of biases and judgments. B. These plans eliminate the need to control costs. C. Managers who use these plans focus on placing the right people in the right job. D. These plans maximize flexibility. E. Results of these plans are always reliable and valid.

Business