What is the term for an investment bank's practice of buying new issues of corporate securities and selling them to the public?
A) syndication
B) underwriting
C) initial public offering
D) auctioning
E) institutional investing
Answer: B
Explanation: B) The activity of buying new issues of stocks or bonds from issuing corporations and reselling them to the public is called underwriting.
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Which of the following is true of ethics in human resource management?
A. Evidence shows that HRM practices are invariably ethical. B. The general public has a positive perception of the ethical conduct of U.S. businesses. C. Many ethical issues in the workplace involve human resource management. D. Most managers have a positive perception of the ethical conduct of U.S. businesses. E. Most people believe that individuals apply values they hold in their personal lives to their professional activities.
A well-educated and trained employee is virtually guaranteed job security by today's employers. Therefore, he or she doesn't need to worry about keeping his or her skills current
Indicate whether this statement is true or false.