<span>The mission is the purpose, the objectives and goals of the organization. The policies are based on the mission and provide a statement of purpose. Procedures are step by step directions on how a policy is to be carried out. </span>The organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the organization are defined in the framework of the organization.
Answer:
adjust for purchasing power and conditions existing in the local market
Explanation:
the concept of Equity theory describes how resources can be distributed in a fair manner in comparison to others. Sophia has to adjust for what the money she receives can buy her and the prevailing conditions in the market in her own area. This is because in this theory, pay scale is affected by the purchasing power and condition of the market in whatever area that a person lives.
Answer: d. The actual expected stock return indicates the stock is currently underpriced.
Explanation:
According to CAPM, the expected return is:
= Risk free rate + beta * (market return - risk free rate)
= 4.3% + 1.14 * (12.01% - 4.3%)
= 13.09%
The actual expected return is greater than the CAPM expected return.
This stock is underpriced because it is bringing in a higher return than CAPM predicted based on the market.
Co-branding is adding Girl Scouts Thin Mints cookie chunks to a Dairy Queen blizzard treat. Co-branding is the partnership of two brands on a new product.
