Lavon has his money invested into an asset that has averaged the following returns the last three years: +22%, -8%, +13%. Most likely what type of asset is he invested in?

A) Corporate bonds
B) Income producing real estate
C) Gold coins
D) Common stock

Answer: D

Business

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According the text, American CEOs want business graduates they hire to have some education in international business.

A. if they are going to work overseas. B. if they are going to work in a firm with no foreign operations. C. Neither A nor B because they can learn on the job. D. Both A and B

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Which of the following is the least likely to be a thick description?

a. A description based on observation of a small number of individuals over an extended time period. b. A description based on survey data collected from a large sample of 2,000 respondents c. A description that connects behavior to the larger social context in which it occurs. d. A description of the consumption behavior for Pepsi in the social context of beverages consumed in schools. e. A description of how people use personal hygiene products based upon an in-home ethnographic study.

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