Which of the following is/are true concerning an employee stock options' time value element?
a. The time value element results from the possibility of increases in the market price of the stock during the exercise period.
b. Time value is larger the longer the exercise period and the more volatile the market price of the stock.
c. A stock option whose exercise price exceeds the current market price has economic value because of the possibility that the market price will exceed the exercise price on the exercise date.
d. A stock option whose exercise price has zero intrinsic value has economic value because of the possibility that on the exercise date there would be positive intrinsic value.
e. all of the above
E
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Which of the following is a decision-making style based on the dimensions of value orientation and tolerance for ambiguity?
A. professional B. personal C. technological D. behavioral E. mechanical
Studies have generally found that compared to out-group members, in-group members
A. complain more because they have access to the leader. B. tend to have higher levels of performance and satisfaction. C. are responsible for nearly all new product developments. D. make more ethical decisions. E. are absent more often, but get more work done when they attend.
The personal characteristic of ______ refers to a person’s passion and perseverance for long-term goals.
A. teamwork B. stability C. grit D. personality
The employee-centered style is analogous to ______.
a. coordinating style b. structuring style c. consideration style d. relating style