Sole Proprietor's ease of conversion to another business form?
What will be an ideal response?
Ans: may change form at will; legal paperwork involved
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Convexity is a desirable feature of bonds because
a. As interest rates decline, the price of a low convexity bond decreases at a decreasing rate. b. As interest rates decline, the price of a high convexity bond decreases at an increasing rate. c. As interest rates decline, the price of a low convexity bond increases at a decreasing rate. d. As interest rates decline, the price of a high convexity bond increases at an increasing rate. e. As interest rates decline, the price of a high convexity bond decreases at a decreasing rate.
"To lower the rate of employee attrition within the organization by 5 percent through the use of effective employee retention and motivation techniques." Which one of the following is a valid criticism of this objective?
A) It is not stated in a simple fashion. B) It does not provide a time frame for achieving objectives. C) It is not related to specific actions. D) It is not achievable. E) It does not pinpoint expected results.