Answer the following statements true (T) or false (F)
1) The more certain the return from an asset, the less variability and therefore the less risk.
2) In U.S., during the past 90 years, on average the return on large-company stocks has exceeded the return on small-company stocks.
3) In U.S., during the past 90 years, on average the return on small-company stocks has equalled the return on large-company stocks
4) A normal probability distribution is a symmetrical distribution whose shape resembles a bell-shaped curve.
5) For normal probability distributions, 95 percent of the possible outcomes will lie between ±1 standard deviation from the expected return
1) TRUE
2) FALSE
3) FALSE
4) TRUE
5) FALSE
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What is the main objective of a company using the balance sheet approach to determine compensation for expatriate managers?
A. to give the manager the same standard of living plus extra for the inconvenience of moving B. to ensure that the company does not get stuck with paying the higher costs of living in an overseas location C. to give the manager an amount of compensation that enables the company to balance the books D. to give the manager the same amount of pay as in the home country but in the host country's currency E. to adjust the manager's pay downward so total compensation reflects the benefits of getting to travel
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A) off-price B) specialty C) discount D) department E) extreme value
Planned organizational change can have a number of targets including ______.
A. leadership B. manufacturing C. structure D. pay
_____ occurs when competitors within an industry cooperate illegally for mutual benefit.
a. Collusion b. Bribery c. Corruption None of the above