What is the difference between a stock's par value and its market value?
What will be an ideal response?
Answer: The par value of a stock is set by the issuing corporation; it is an arbitrary figure. The market value of a stock is the price it is currently selling for. The market value of a stock changes constantly.
Explanation: Par value of a stock is an arbitrary figure set by the issuing corporation's board of directors; another term for this is face value. Market value is the price at which a stock is currently selling on the primary or secondary securities markets.
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A problem that is likely to arise when having an incentive program at the same time each year is:
a. burnout of the sales force. b. exhausting the firms compensation budget. c. money will eventually lose its ability to motivate. d. salespeople may withhold orders just prior to the contest.
Which of the following elements is NOT included in an Internet survey system?
A) questionnaire design B) web server C) database D) data delivery program E) pre-programmed incentives