A manufacturing company is said to be effective if it ________.
a. uses fewer workers and yet maintains productivity as before
b. sets appropriate goals and achieves them
c. takes less time than before to produce a given output
d. generates employment for a large number of people
Ans: b. sets appropriate goals and achieves them
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As technical support evolved, companies learned that they had to support not only technology, but also the users of that technology.
Answer the following statement true (T) or false (F)
______________________________is a form of independent paycheck distribution as checks are sent directly to employee bank accounts.
Fill in the blank(s) with the appropriate word(s).
One advantage of debt financing over equity financing is the:
A. tax-deductible dividends. B. tax-deductible principal repayment. C. tax-free interest income. D. tax-deductible interest.
Ann has a portfolio of 20 average stocks, and Tom has a portfolio of 2 average stocks. Assuming the market is in equilibrium, which of the following statements is CORRECT?
a. The required return on Ann's portfolio will be lower than that on Tom's portfolio because Ann's portfolio will have less total risk. b. Tom's portfolio will have more diversifiable risk, the same market risk, and thus more total risk than Ann's portfolio, but the required (and expected) returns will be the same on both portfolios. c. If the two portfolios have the same beta, their required returns will be the same, but Ann's portfolio will have less market risk than Tom's. d. The expected return on Jane's portfolio must be lower than the expected return on Dick's portfolio because Jane is more diversified. e. Ann's portfolio will have less diversifiable risk and also less market risk than Tom's portfolio.