A joint probability is the
A. sum of the probabilities of two events.
B. probability of the intersection of two events.
C. probability of the union of two events.
D. sum of the probabilities of two independent events.
Answer: B
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The primary use of assessment centers is to identify
A. the employees who have the personality characteristics and skills needed for managerial positions. B. the factors that inhibit group performance. C. the decision processes and communication styles that inhibit production. D. the strengths and weaknesses of an organization. E. the opportunities and threats to an organization.
A businessperson who enters into a contract with an investor on behalf of a future corporation is not personally liable on the deal, even though the firm is not yet formed, because the nature of investment is risk.
Answer the following statement true (T) or false (F)
In a decentralized company, all the planning and controlling decisions are made by top management
Indicate whether the statement is true or false
If you die intestate,
A) there will be a state-mandated distribution of your assets. B) your estate will be distributed according to the terms of your will. C) your estate will be distributed entirely to your children with your wife receiving nothing. D) your estate will be distributed entirely to your wife with your children receiving nothing.