Investors in forward contracts or other derivative instruments, who bet that the price of an asset will rise, thereby increasing the value of the derivative.
(a) hybrid security
(b) cash flow hedge
(c) speculators
(d) equity method
Ans: (c) speculators
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The training of field workers is critical. Which of the following statements is not true regarding making the initial contact?
A) Interviewers should be trained to make opening remarks that will convince potential respondents that their participation is important. B) The interviewer should specifically ask the respondent's permission. C) The interviewer should be instructed on handling objections and refusals. D) The initial contact can result in cooperation or the loss of potential respondents.
General Automotive, a car manufacturer, purchased Bluestone Motors, its competitor, and thus eliminated the competition at its level in the industry. This is an example of ________
A) a vertical merger B) a horizontal merger C) market diversification D) market penetration