What can be a problem with asking a job candidate at her job interview what church she attends?
A. Religion is personal and should not be discussed in public.
B. Any church is good so long as its members are having fun.
C. Whatever you do, wash your hands.
D. The question could provide the basis for religious discrimination.
Answer: D. The question could provide the basis for religious discrimination.
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You manage a portfolio in which you invest half of your money in T-Bills and the other half in a mutual fund that is indexed to match the market portfolio. What is the beta of this portfolio?
A) 0 B) 0.25 C) 0.50 D) 0.75 E) 1.00
All of the following are potential advantages to initiating, continuing, and/or expanding international operations EXCEPT
A) firms can gain new customers for their products. B) foreign operations can absorb excess capacity, reduce unit costs, and spread economic risks over a wider number of markets. C) foreign operations can allow firms to establish low-cost production facilities in locations close to raw materials and/or cheap labor. D) foreign operations could be seized by nationalistic factions. E) foreign operations may result in reduced tariffs, lower taxes, and favorable political treatment.