Individual rewards for outstanding work would NOT include

A. Desirable job assignments.
B. Public recognition.
C. Judiciously making exceptions to the rules.
D. Letters of commendation.
E. All of these are examples of individual rewards for outstanding work.


Answer: E

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You are planning to buy a stock, the risk on which is dependent on two factors: (1) the change over the last year in the inflation rate and (2) the spread between ten-year Treasury bonds and three-month Treasury bills.  Suppose the average risk-free interest rate is 1 percent. The beta coefficients of the stock associated with the change in inflation rate and spread between ten-year Treasury bonds and three-month Treasury bills are -2 and 5 respectively. If you expect the inflation rate to rise 1 percentage point and you think the spread will be 3 percentage points. What is the expected return to this stock? Use the arbitrage-pricing theory.

A. 11 percent B. 12 percent C. 14 percent D. 18 percent

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The two most common means of acquisition are the entrepreneur's direct purchase of the firm's entire stock or assets or the bootstrap purchase of these assets.

Answer the following statement true (T) or false (F)

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Answer the following statement true (T) or false (F)

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