Brian establishes a small shoe factory that specializes in custom-made shoes. As a sole proprietor, he is immediately able to set up his business without needing to consult other people to make decisions and establish policies
How would the establishment of policies be different for Brian if he were a board member in a corporation?
Unlike a sole proprietorship, a corporation has a more complex organizational structure. Brian would not be able to make decisions as easily if his business were a corporation. In corporations, the major decisions are made by a board of directors. The directors set the policies of the company. Brian would have to meet with the board of directors to set his company's policies and make any financial decisions.
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The performance measurement method that assigns a certain percentage of employees to each category in a set of categories is called the:
A. forced-distribution method. B. alternation ranking method. C. paired-comparison method. D. optional ranking method. E. simple ranking method.
The expected return for a portfolio without borrowing
A) should never be less than the expected return of the asset with lowest expected return. B) should never be greater than the expected return of the asset with highest expected return. C) may not be an event with even a positive probability of occurrence. D) All of the above.