You have a portfolio comprised of two risky securities. This combination produces no diversification benefit. The lack of diversification benefits indicates the returns on the two securities:

A) are too low for their level of risk.
B) move perfectly opposite of one another.
C) are too large to offset.
D) move perfectly in sync with one another.
E) are completely unrelated to one another.


D) move perfectly in sync with one another.

Business

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The U.S.-Japanese agreement in 1981 to limit imports of small Japanese cars to the U.S.

a. affected Japanese automakers uniformly. b. resulted in losses to the Japanese auto industry. c. cost the U.S. consumer an extra $660 or so per Japanese import purchased. d. did not save any U.S. jobs.

Business

Running afoul of miscellaneous laws in a foreign country is

A. an error easily forgiven by foreign police. B. a serious error, so the local law should be known. C. not a serious issue because both your country and your company stand behind you. D. not a major issue, as the embassy can work out your release.

Business

A customer purchasing a box of cereal at a grocery store is most likely purchasing a product that is a result of which type of process?

a. Assemble-to-Order b. Make-to-Order c. Make-to-Stock d. Assemble-to-Stock

Business

Which of the following is NOT a weakness in data interpretation?

a. Inferring that results of one study are true for all groups. b. Assuming constancy of human behavior and attitudes. c. Trying to make results conform to a prediction. d. All are weaknesses.

Business