Making MBO part of the annual performance appraisal cycle, especially if wage increases are tied to performance, reduces the likelihood that employees will employ immoral actions to meet performance goals

In terms of the basic types of retail locations, the traditional downtown business area found in most towns and cities is referred to as a ________

A) saturated trade area B) understored trade area C) lifestyle center D) shopping center E) central business district

The Rumpel Felt Co. was all equity financed. It recently borrowed money and used the funds to repurchase shares. The stock price rose as a result. Which of the following explains the increase in stock price?

I. The tax shields generated by the new debt II. A reduction in agency costs due to the interest on the debt III. A generous premium included in the repurchase price A) I only B) II only C) III only D) I and II E) I and III