What is the first step in effective research?
A) Conduct a Google search to see what information is available.
B) Plan the research.
C) Manage information efficiently.
D) Locate the data and information needed.
E) Apply each finding to the report or proposal.
Answer: B
Explanation: B) Effective research involves a lot more than simply typing a few terms into a search engine. Save time and get better results by using a clear process starting with planning your research. Planning is the most important step of any research project; a solid plan yields better results in less time.
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Which one of the following statements related to risk is correct?
A. The beta of a portfolio must increase when a stock with a high standard deviation is added to the portfolio. B. Every portfolio that contains 25 or more securities is free of unsystematic risk. C. The systematic risk of a portfolio can be effectively lowered by adding T-bills to the portfolio. D. Adding five additional stocks to a diversified portfolio will lower the portfolio's beta. E. Stocks that move in tandem with the overall market have zero betas.
Roland has developed and patented an inexpensive and organic way to enhance the fertility of clay soils without the addition of chemical fertilizers. But established agricultural chemical companies have rejected his proposals. After six months of promoting his invention during his time off from his regular job, Roland has decided to set his dream aside. Roland lacks a key characteristic of successful entrepreneurs, which is
a. the ability to identify opportunities. b. a corporate sponsor. c. financial slack. d. passion for his invention.