Which of the following benefits of workplace diversity is attributed to organizational performance?

A. reduced costs associated with high turnover and absenteeism
B. potential source of competitive advantage from improved innovation efforts
C. increased understanding of the marketplace and improved ability to better market to diverse customers
D. ability to attract and retain employees of diverse backgrounds


Answer: A

Business

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a. controlling every aspect of a project b. allowing slackers to get away with doing next to nothing c. covering for an absent employee d. doing all a group's work to stay ahead of a deadline

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Howard is a partner in the Smithton Partnership with a basis of $20,000. During the current year, the partnership is liquidated, and the partnership distributes cash of $22,000 and property with a basis of $8,000 and a fair market value of $15,000 to each partner. What amount must Howard report as a gain from the liquidation?

A. $-0- B. $2,000 C. $10,000 D. $15,000 E. $17,000

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Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume that no costs other than the call premium would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. What is the difference between this bond's YTM and its YTC? (Subtract the YTC from the YTM.)

A. 2.11% B. 2.32% C. 2.55% D. 2.80% E. 3.09%

Business

Knowledge that an individual has but that is difficult to express clearly in words, pictures, or formulas and is therefore difficult to transmit to others is known as ________ knowledge.

Fill in the blank(s) with the appropriate word(s).

Business