What is the terminal value if the development is stopped after clinical trials conducted are successful?

CEO Justin wants to sustain the company's culture. One of the recommended actions he can take is to

a. suggest that employees decide on their own culture. b. bring outsiders into the company whose values clash with the company's culture. c. include a statement of the company's desired culture in the annual report. d. serve as a role model for the desired attitudes and behaviors.

Which of the following characteristics are referred to as representativeness?

I. hesitating to sell stocks at a loss II. basing conclusions on small samples III. underestimating the effects of random chance IV. underestimating the level of risk in an investment A) I and IV only B) II and III only C) I, II and III only D) I, II, III and IV only