Which of the following statements is true about social stratification?
A. The most rigid system of social stratification is a class system.
B. Individuals are born into a particular social stratum.
C. It is not possible for people to move between social strata.
D. Britain is an example of a society where the caste system is predominant even today.
E. Individuals born into a stratum toward the bottom of the social hierarchy tend to have better life chances.
B
Individuals are born into a particular stratum. They become a member of the social category to which their parents belong.
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The increase in risk to equityholders when financial leverage is introduced is evidenced by:
A) higher EPS as EBIT increases. B) a higher variability of EPS with debt than all equity. C) increased use of homemade leverage. D) equivalence value between levered and unlevered firms in the presence of taxes.
The resource-based view of organizations suggest that a resource is more valuable when it is _____________.
Fill in the blank(s) with the appropriate word(s).