Which of the following terms, developed by Rawls, indicates that inequalities are justified if they benefit the position of the least-advantaged members of society?
A. Difference principle
B. The tragedy of the global commons
C. The theory of private equity
D. Unity of command
E. Laws of equivalent trade
A
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Which of the following managerial roles involves maintaining a network of outside contacts and alliances that provide information and favors?
A. spokesperson B. liaison C. leader D. negotiator E. monitor
Which is greater, the present value of a five-year ordinary annuity of $300 discounted at 10%, or the present value of a five-year ordinary annuity of $300 discounted at 0% that has its first cash flow six years from today?
A) The first annuity because the cash flows occur sooner. B) The second annuity because the cash flows are discounted at a 0% interest rate. C) The two annuities are of equal value. D) The answer to this question cannot be determined.