Managers at the highest level of the management pyramid

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Reference no: EM132278448

1. Managers at the highest level of the management pyramid make decisions about which four of the following?

A. Outsourcing Financial operations

B. Approving technical support hires

C. Expanding into a different Market

D. Improving employee benefits

E. Forming a marketing division

F. Merging with another company

2. An individual is technically insolvent when the

A. Bottom line of the individuals income statement is negative

B. Value of the individual assets exceeds the assets of his or her liabilities

C. Value of the individual’s liabilities exceeds the value of his or her assets

D. Individuals net worth is positive

3. Lexus apply for a loan at a local bank. While interviewing her for the loan, the bank agent asked for the interviewers total annual income. Which of the following is being considered?

A. Character

B. Capacity

C. Collateral

D. Conditions

4. Which of the following Define the type of unemployment in which one is temporarily between jobs due to process of moving to a higher-paying job?

A. Structural

B. Seasonal

C. Frictional

D. Cyclical

5. A price at which the demanded quantity of a product is equal to the produced quantity of a product is the

A. Customer price

B. Demand price

C. Market price

D. Supply price

6. Personal financial advisers usually use seminars and networking to

A. Market their services

B. Research potential Investments

C. Monitoring portfolio progress

D. Help their clients plans

Reference no: EM132278448

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