Aria has heard a rumor that a major food company will be forced to recall millions of jars of peanut butter. due to contamination If the rumors are true, the company's stock price will decline sharply
Which one of the following strategies would allow Jennifer to earn a profit if the rumor proves to be true?
A) Take a long position in the stock today.
B) Sell the stock short today.
C) Buy the stock on margin today.
D) Take a long position in the stock one month from today.
Answer: B
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An organization's active effort to find opportunities to hire or promote people in a particular group is referred to as:
A) readjustment. B) affirmative action. C) discrimination. D) rehabilitation. E) favoritism.
A manufacturer of athletic equipment is finding it difficult to compete with cheaper imported merchandise. Which of the following is a potential source of new product ideas?
a. the company's former employees b. customers who have requested its catalogues c. current retailers that owe the company money d. its foreign suppliers