Answer:
a. Merrick System
Explanation:
Merrick System does not provide for incentives based on standards that are expressed in terms of time period per unit of production
Explanation:
The social environment, social context, sociocultural context or milieu refers to the immediate physical and social setting in which people live or in which something happens or develops. It includes the culture that the individual was educated or lives in, and the people and institutions with whom they interact.
Answer:
The expected return on this stock is 7.3%
Explanation:
Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.
The expected return on the stock is,
Expected r = rA * pA + rB * pB + rC * pC
Where,
- r represents the returns in each state
- p represents the probability of each state
Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)
Expected r = 0.073 or 7.3%
Answer:
E. Implies that security prices properly reflect information available to investors and that active traders will find it difficult to outperform a buy and hold strategy.
Explanation:
Efficient market hypothesis (EMH), is a hypothesis that states that share prices reflect all information and consistent alpha generation is impossible. This term is alternatively known as the efficient market theory.
According to the EMH, stocks always trade at their fair value on exchanges, making it impossible for investors to purchase undervalued stocks or sell stocks for inflated prices. Therefore, it should be impossible to outperform the overall market through expert stock selection or market timing, and the only way an investor can obtain higher returns is by purchasing riskier investments.
Answer:
Disclaimer
Explanation:
A disclaimer is defined as a statement the defines the rights and obligations that can be enforced by various parties in a legal relationship like the one that exists between an employer and an employee.
Some disclaimers are aimed at maintaining rights for an employer often accompanies initial employment assessments.
For example an employer can specify that it has the right to lay off staff at any point in the employment based on a set.of conditions.
