In highly stratified societies, MNCs must consider class differences among workers when making decisions about promotions

Which of the objectives below would best represent exploratory research?

A) Describe market characteristics or functions. B) Determine cause and effect relationships. C) Provide insights and understanding. D) Test specific hypotheses and examine relationships.

What is the present value of a lottery paid as an annuity due for twenty years if the cash flows are $250,000 per year and the appropriate discount rate is 7.50%?

A) $5,000,000.00 B) $3,186,045.39 C) $2,739,769.55 D) $2,548,622.84