you have a portfolio that is invested 13 percent in stock a, 52 percent in stock b, and 35 percent in stock c. the betas of the stocks are .82, 1.37, and 1.66, respectively. what is the beta of the portfolio?

Answers

Answer 1

The sensitivity of a whole portfolio to market changes

Beta  is a measure of a security's or portfolio's volatility (or systematic risk) in comparison to the market as a whole. Because a portfolio is made up of several stock holdings, the algorithms used to determine beta for each will change.

The beta of a portfolio is calculated by multiplying the weight of each asset by its beta.

So the portfolio's beta is: P = 0.13(0.82) + 0.52(1.37) +.25(1.22) + 0.35 (1.66) βP = 1.705

Beta portfolio calculation technique:

Beta may be computed by first dividing the standard deviation of returns for the security by the standard deviation of returns for the benchmark. The resultant number is multiplied by the correlation between the returns of the security and the returns of the benchmark.

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Answer 2

The Italian word for a case designed to hold loose papers is where the  word "portfolio" originally came from. The portfolio's beta is: 1.705.

What is meant by portfolio?

A portfolio is a collection of written work from school and the workplace that serves as evidence of your values, abilities, and background. Your personality and work ethics are revealed.

Consider a portfolio as a mental construct rather than a tangible container. The word "portfolio" is derived from the Italian word for a case intended to hold loose papers. It serves as an abstract term to describe collections of investment assets.

You can keep a personal record of your achievements or growth in a variety of areas with the help of portfolios. For the advancement of your own career, they are crucial and pertinent. A collection of pertinent work samples and papers that you gathered throughout your academic career and organized into a personal portfolio.

The weight of each asset multiplied by the beta of each asset results in the beta of a portfolio. Consequently, the portfolio's beta is:

βP = 0.13(0.82) + 0.52(1.37) + .25(1.22) + 0.35(1.66)

βP = 1.705

Therefore, the portfolio's beta is: 1.705.

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Related Questions

The management of Ballard MicroBrew is considering the purchase of an automated bottling machine for $120,000. The machine would replace an old piece of equipment that costs $30,000 per year to operate. The new machine would cost $12,000 per year to operate. The old machine currently in use is fully depreciated and could be sold now for a salvage value of $40,000. The new machine would have a useful life of 10 years with no salvage value.

Required:

1. What is the annual depreciation expense associated with the new bottling machine?

2. What is the annual incremental net operating income provided by the new bottling machine?

3. What is the amount of the initial investment associated with this project that should be used for calculating the simple rate of return?

4. What is the simple rate of return on the new bottling machine? (Round your answer to 1 decimal place.)

Answers

The annual depreciation expense associated with the new bottling machine $12000.

How to compute the depreciation?

Depreciation is a term that alludes to the real diminishing of the fair worth of a resource, like the reduction in the worth of production line gear every year.

Information accommodated processing the yearly depreciation expense  is here underneath:-

Automated bottling machine = $120,000

Useful life = 10 years

The estimation of annual depreciation cost is given beneath:-

Depreciation expense of new machine  = ( cost of asset - salvage value)  ÷ Useful life of  asset

=( 120000 - 0) ÷ 10

= $12000

In this way for figuring out the annual depreciation cost, we just divide the automated bottling by valuable life.

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lyn orally contracts to sell five acres of timber to mountain mill llc. the buyer harvests the trees but fails to remit the full price. because of the lack of a written contract, lyn could most likely recover on a theory of

Answers

According to the situation," lyn orally contracts to sell five acres of timber to mountain mill LLC. the buyer harvests the trees but fails to remit the full price. because of the lack of a written contract, lyn could most likely recover on a theory of the", quasi-contract.

A quasi-contract is made by a court request and not by an understanding made by the gatherings to the agreement. It is made by the court when no authority understanding exists between the gatherings in disagreements about installments for labor and products. As Mountain Factory LLC gathered the trees but neglects to transmit the maximum, Lyn could probably recuperate on a hypothesis of semi-contracts as the objective in the court's making of these agreements is to forestall vile enhancement to any party.

Hence option(A)quasi-contract is correct.

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This question is incomplete ,here I am attaching the complete question:

lyn orally contracts to sell five acres of timber to mountain mill llc. the buyer harvests the trees but fails to remit the full price. because of the lack of a written contract, lyn could most likely recover on a theory of

A. quasi contract

B. specific performance

C. restitution

D. none of the choices

installing quality-control procedures that can be audited by independent quality-control experts is fundamental to

Answers

Installing quality-control procedures that can be audited by independent quality-control experts is fundamental to ISO 9000.

An effective way for businesses to document the components of their quality systems is by using ISO 9000, a set of international standards on quality management and quality assurance.

They can be used by organizations of any size and are not exclusive to any one sector of the economy.

A corporation can accomplish ongoing improvement with ISO 9000 while also ensuring that customers are satisfied and that regulations are met. It need to be regarded as the foundational stage or level of a quality system.

The International Organization for Standardization (ISO), a specialised international organization for standardization made up of the national standards organisations of more than 160 nations, originally released ISO 9000 in 1987.

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what are two factors that have caused labor union membership to decline significantly over the past 50 years?

Answers

Two factors that have caused labour union membership to decline significantly over the past 50 years are Right-to-work laws were passed and the loss of jobs in manufacturing in the US.

What do you know about labour union membership ?

Unions are independent worker organisations formed for the purpose of furthering and defending workers' interests. As a result, they play an important role in the quest for better remuneration and working conditions. Union membership, density, and bargaining power all have a significant impact on working conditions. Reliable data on unions and unionisation, employers' organisations, collective bargaining, and industrial disputes are required to assess the extent of social dialogue. This page contains statistics and other information about global unionisation.

So, The required answer is Right-to-work laws were passed and the loss of jobs in manufacturing in the US.

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simply imagine wants to grow their company but is hindered by increasing labor costs and import quotas. simply imagine should consider becoming a(n)

Answers

Simply imagine should consider becoming a multinational corporation. A multinational corporation is any business that has offices and conducts business simultaneously in multiple nations (MNC).

The majority of the time, an international firm will have  headquarters in one nation and fully or partially owned subsidiaries in another. Coca-Cola, Unilever, Pepsi, Starbucks, McDonald's, BMW, Suzuki, Samsung, and other multinational corporations are examples. Multinational corporations are classified into four types: decentralised multinational corporations MNC, global centralised corporations, international companies, and transnational enterprises. Only when the headquarters or parent company is effectively owned by nationals of two or more countries does a company become multinational.

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Does the idea that population increases as technology increases that’s leading more to apply in the same way in advance nations as it does in the developing nations?
Yes, population increases almost always lead to war in both cases
Yes, theories of war apply equally in all circumstances
No advanced nations never have said in population increases
No the theory of population in Technology assume scarce resources

Answers

No the theory of population in Technology assume scarce resources. The corrtect answer is option (D).

How has technology increased population growth?

All across the world, new developing technologies are being used for improving human welfare. Agriculture is producing more as new technologies advance, which is why mortality is down and fertility is rising. By increasing productivity, new technologies can contribute to population growth.

Rapid population growth makes it more challenging for low-income and lower-middle-income nations to pay the rise in public spending per capita required to end poverty, end hunger and malnutrition, and provide universal access to health care, education, and other important services.

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A financial institution that makes short term high interest loans to borrowers brainly.

Answers

A mortgage lender is a lender or institution that underwrites loans on homes.

What are short term loans?

A short-term loan is a form of loan taken out to meet a brief demand for funds on the part of the borrower or their business. Given that it is a kind of credit, it entails paying back the principal plus interest by a specified due date, which is often one year after receiving the loan.

For small enterprises or start-ups that aren't yet qualified for a bank credit line, a short-term loan is a useful choice. Smaller borrowing amounts—from $100 to $100,000—are included in the loan. Short-term loans are appropriate for both people and organizations who have a brief, unexpected cash flow problem.

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what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Answers

The WACC is Mercy and Co inc. equals to 8.1%

What Is Weighted Average Cost of Capital (WACC)?

A company's cost of capital is represented by its weighted average cost of capital (WACC), which assigns a weight to each category of capital.  WACC are used as a benchmark rate by businesses and investors to determine the viability of a certain project or purchase.

The computation of the firm's weighted average cost of capital goes as follows:

= Weight of debt*after tax cost of debt + weight of equity*cost of equity + weight of preferred stock*cost of preferred stock

= 0.888*0.089 + 0.112*0.019 + 0*0

= 0.079032 + 0.002128 + 0

= 0.081

= 8.1%

Note: The missing question is attached as picture.

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those who have a claim in some aspect of a firm's products, operations, markets, industry, and outcomes are known as

Answers

Stakeholders are people who have an interest in one or more of a company's activities, markets, industries, or results.

Which of the following describes the main stakeholders in the company?

A shareholder is a person who owns stock in a corporation. That corporation is divided among its stockholders. Your stock is certainly worth a lot of money if you own shares in the newest, finest, financially sound new start-up company. Owners of shares in a corporation are known as stockholders since they hold stocks in that company. In a stock corporation, shareholders or stockholders are the corporate members. Members refer to the corporate officers of a non-stock corporation. A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders. However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.

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u.s. antidiscrimination laws, as they affect employment relationships, generally do not apply extraterritorially. true false

Answers

US. antidiscrimination laws, as they affect employment relationships, generally do not apply extraterritorially is false statement.

Who do US antitrust laws apply to?Governments create antitrust laws in order to safeguard consumers from unscrupulous company activities and promote fair competition. Numerous dubious commercial practices, such as market division, bid rigging, price fixing, and monopolies, are subject to antitrust legislation.Even foreign nationals are now able to file civil lawsuits in American courts for damages brought on by transgressions of international law or U.S. treaties thanks to the Alien Tort Claims Act.Contracts with choice of law clauses specify in advance which court the parties will go to in the event of a dispute, avoiding the possibility of a conflict of laws.

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what is the best example of a sociocultural force affecting an industry? multiple choice question. sales of organic fruits and vegetables increase because more people want to eat healthier. the invention of the elevator created opportunities to build taller buildings. as a result of its debt crisis, greece considered adopting its own currency and leaving the european union. an increasing number of workers in the us workforce are expected to be age 60 or older within the next decade.

Answers

The best example of a sociocultural force affecting an industry is an increasing number of workers in the US workforce expected to be age 60 or older within the next decade.

What is sociocultural force?

Sociocultural forces are the values, beliefs, and norms that influence the way people think and behave. These forces shape how people interact with each other, their environment, and their culture. They can be both positive and negative, and can be seen in everything from the language people use to the way they dress. Sociocultural forces are constantly changing and adapting, as culture and society changes. They can also have a huge influence on how people make decisions, such as what jobs they choose, what products they buy, and what values they hold. They can also affect relationships, as different cultures may have different views on marriage, gender roles, and relationships. Ultimately, sociocultural forces are what drive people to create, express, and share their ideas, opinions, and beliefs.

This will have a significant impact on the labor force, as a larger portion of the workforce will be approaching retirement and there will be an increased need for employers to adapt to the changing workforce demographics. This has the potential to create new opportunities for different types of jobs, as well as for new forms of training and support for workers.

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you are considering the purchase of an office building for $1.4 million today. your expectations include the following: first-year potential gross income of $300,000; vacancy and collection losses equal to 10 percent of potential gross income; operating expenses equal to 40 percent of effective gross income and capital expenditures equal 5 percent of egi. what is estimated effective gross income (egi) for the first year of operations?

Answers

Potential gross revenues for each item (PGI)

Less than $340,000: V&C allowance (15% of PGI)

Effective gross income of 51,000 (EGI) $289,000.

How is effective gross income determined?

By combining prospective gross rental income with other sources of income and deducting vacancy and credit charges from a rental property, effective gross income is calculated. EGI is crucial in assessing a rental property's worth and the actual positive cash flow it may provide.

The ratio or relationship between a property's effective gross rental revenue and its sale price represents the property's effective gross income. the projected earnings from all real estate businesses after accounting for vacancies and collection losses.

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who is most likely to handle the paperwork and bureaucracy hoop jumping during the negotiations process of the privatization of a corrections facility?

Answers

The warden or superintendent  is most likely to handle the paperwork and bureaucracy hoop jumping during the negotiations process of the privatization of a corrections facility.

What are the best strategies for prisoner rehabilitation?

These include providing educational and career guidance as well as prisoner community reintegration. Prisoners may benefit from these techniques by modifying their behavior toward society and getting a second chance to make amends.

In 1879, the Ministry of Home Affairs founded the Correction Bureau as the Prison Bureau. The Prison Administration Bureau, Criminal Policy Bureau, and Correction and Rehabilitation Bureau were some of the names it went by over the years while the Ministry itself underwent name, responsibility, and duty changes.

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How would this program be affected if the on start block were deleted?
on start
set background color to
OA. The game's background color would be a default white color.
OB. The game's background color would appear before the game
actually starts.
OC. Nothing would be different, because the on start block does not
have a specific purpose in a game.
OD. It would not run, because the on start block is needed to start a
game.
← PREVIOUS

Answers

Answer:

D. It would not run, because the on start block is needed to start a game.

Explanation:

The on start block is a special block in most programming languages, including Scratch, that is executed when the program is first run. This block typically contains instructions that are needed to set up the game or program, such as initializing variables, setting the background color, or displaying a title screen. Without the on start block, the game would not be able to run properly, because it would not have any instructions for how to set up and start the game.

Answer:

D. It would not run, because the on start block is needed to start a game.

Explanation:

value of the marginal product of labor and demand) if the product price is $2 per unit, the value of the marginal product for the fifth unit of labor is:

Answers

If the product charge is $2 in line with unit, the cost of the marginal product for the 5th unit of exertions is: d) $40.

The required details for marginal product in given paragraph

The marginal product or marginal bodily productiveness of an enter (aspect of production) is the extrude in output because of using one greater unit of a specific enter (for instance, the extrude in output while a firm's exertions is extended from 5 to 6 units), assuming that the portions of different inputs are stored constant. the marginal product first of all will increase while greater of an enter (say exertions) is employed, maintaining the opposite enter (say capital) constant. Here, exertions is the variable enter and capital is the constant enter (in a hypothetical two-inputs model). As an increasing number of of variable enter (exertions) is employed, marginal product begins off evolved to fall.

Finally, after a sure point, the marginal product turns into negative, implying that the extra unit of exertions has decreased the output, in place of growing it. The cause in the back of that is the diminishing marginal productiveness of exertions.

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Complete question

(Table 69-4: Value of the Marginal Product of Labor and Demand) If the product price is $2 per unit, the value of the marginal product for the fifth unit of labor is:

a) $0.

b) $280.

c) $20.

d) $40.

e) $60.

discuss how you can differentiate between a fly-by-night product or approach and one with real business value and staying power

Answers

Fly-by-night operations are people or businesses that provide investment services. without permission.

What is a fly by night proposition?

Fly-by-night operations are individuals or companies that offer investment services. without being authorized to do so. The correct expression therefore is “unauthorized or unregistered companies”.

(often attributive) One who departs or flees at night in order to avoid creditors, law enforcement etc. Do not give your credit card number to that fly-by-night operation. (idiomatic, derogatory) A person or business that appears and/or disappears rapidly, appearing untrustworthy, or giving an impression of transience.

staying power the capacity of an investor to hold onto a position and avoid selling when an investment's value has dropped.

Maintain an optimistic attitude;

resist the urge to become downhearted.Utilize both personal touches and technology to stay in touch with your staff and clients.Keep your concentration on your everyday priorities by remaining totally focused.

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after a firm has identified its key stakeholders in stakeholder impact analysis, the immediate next step is to

Answers

After a firm has identified its key stakeholders in stakeholder impact analysis, the immediate next step is to: Identify stakeholders' interests and claims.

What do you mean by stakeholders?

⇒A stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute. The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR). The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholders model "or a false analogy of the obligations towards shareholders and other interested parties.

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lm.04 what has been the biggest enabler of innovation in logistics management during the past three decades?

Answers

Deregulation (C) has been the biggest enabler for innovation in logistics management during the past three decades.

Deregulation is the reduction or elimination of government power in an industry. Deregulation is made by government to increase an industry competitiveness. Deregulation is needed because over-tight regulation might shifted the market condition because of the limitation on investment opportunity.

When government decide to do deregulation policy, this move really help logistics industry to grow. Deregulation allows many investment opportunities, which is actually needed to create new innovation within the industry. Many new competitors may join the industry and offer many new inovations to public. The higher the competition within an industry, the more innovative the companies within.

Through deregulation, government gives opportunity for companies to invest more in their products research and development. This policy allows companies to bring more innovation through their products. Deregulation that leads to industry growth also attracts more labors then help to decrease unemployment rate.

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Complete Question:

What has been the biggest enabler for innovation in logistics management during the past three decades?

a. New modes of transportation

b. FedEx Superbowl ads

c. Deregulation

d. More efficient trucks

Mauldin Motorcycles Inc. has launched a new cruiser bike. It develops a marketing message and places advertisements in the leading newspapers and on social media sites to inform consumers about the new cruiser and its various features. In the context of the communication process, Mauldin Motorcycles is the

Multiple Choice
- noise.
- decoder.
- consumer.
- sender.
- receiver.

Answers

The 3rd one if the answer hope this helps

Which of these would be considered observable artifacts in an organization? (select all that apply)
A. Sales
B. Awards
C. Rituals
D. Decoration
E. Values

Answers

B. Awards C. Rituals D. Decoration could be taken into consideration observable artifacts in an organization.

The required details for ritual in given paragraph

A ritual is a series of sports involving gestures, words, moves, or objects, finished consistent with a hard and fast sequence. Rituals can be prescribed via way of means of the traditions of a community, inclusive of a non secular community. Rituals are characterized, however now no longer defined, via way of means of formalism, traditionalism, invariance, rule-governance, sacral symbolism, and performance. Rituals are a function of all regarded human societies. They encompass now no longer handiest the worship rites and sacraments of prepared religions and cults, however additionally rites of passage, atonement and purification rites, oaths of allegiance, determination ceremonies, coronations and presidential inaugurations, marriages, funerals and more. Even not unusual place moves like hand-shaking and saying "hello" can be termed as rituals.

The area of formality research has visible some of conflicting definitions of the time period. One given via way of means of Kyriakidis is that a ritual is an outsider's or "etic" class for a hard and fast interest (or set of moves) that, to the outsider, appears irrational, non-contiguous, or illogical.

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The relationship between the quantity of inputs and the quantity of output is called the: Multiple Choice average product. Production function. Law of diminishing returns. Marginal product. G

Answers

The relationship between the quantity of inputs and the quantity of output is called the Production function.

What is production function?

⇒The technological relationship between the amounts of physical inputs and the amounts of output of commodities is provided by a production function. One of the core ideas of traditional neoclassical theories is the production function, which is used to define marginal product and distinguish allocative efficiency, a crucial area of economics study. As an engineer or professional manager might put it, one of the main goals of the production function is to address allocative efficiency in the use of factor inputs in production and the resulting distribution of income to those factors while avoiding the technological challenges of achieving technical efficiency. Researchers frequently employ directional distance functions or Shephard's distance functions, which are modifications of the simple distance function, to describe the case of many outputs and many inputs.

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when corporations elect to issue two or more shares of stock to existing stockholders for each share they currently own, they have initiated a(n)

Answers

When corporations elect to issue two or more shares of stock to existing stockholders for each share they currently own, they have initiated a stock split. Therefore, Option (A) is the correct answer for this question.

By lowering the face value of the stock, a corporation can increase the number of shares through a stock split. Because the stock price drops after a split, companies typically do it to boost liquidity.

A stock split is a corporate operation in which a corporation issues more shares to owners, raising the overall number of shares by a certain ratio based on the shares they previously owned. To lower the trading price of their stock to a range that is more comfortable for the majority of investors and to boost the liquidity of trading in their shares, companies frequently decide to split their stock.

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Complete Question:

When corporations elect to issue two or more shares of stock to existing stockholders for each share they own, they have initiated

a. stock split

b. dividend spread

c. share dividend

d. earnings split

e. all of the above

you've started a new ads account and would like to link it to your analytics property so that you can see detailed marketing campaign data. where in your analytics 4 property can you manage product links like this one with ads?

Answers

Click  Ads Links in the Property column's PRODUCT LINKS section. Select the account you wish to change by clicking the arrow at the end of the row in the list of linked accounts.

What cannot be done when connecting a Ads account to  Analytics?

You cannot change the keyword bids in  Ads from  Analytics by attaching a Ads account to it.

Connect your Goo-gle Adverts account to your Analytics account to view the entire customer lifecycle, from how people engage with your marketing (by clicking on ads, for example) to how they ultimately achieve the objectives you've set for them on your website or mobile app (e.g., making purchases, consuming content).

Goo-gle Analytics 4 properties can be connected to both individual Goo-gle Ads accounts and Goo-gle Ads management accounts.

Up to 400 linkages can be made for each property. Consider setting up a Goo-gle Ads manager account and connecting it to your Analytics property if your present Goo-gle Ads configuration exceeds this cap.

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the price elasticity of demand is a measure of how sensitive demanders are to changes in the price of a product." Is
this statement true or false?

Answers

The price elasticity of demand is a measure of how sensitive demanders are to changes in the price of a product." --- True

All elastics measure sensitivity or responsiveness to changes in variables. impact. Price elasticity of demand measures how strongly buyers respond to price changes good or service.

Price elasticity :

Price elasticity of demand is a measure of the responsiveness of quantity demanded to changes in price. The formula for price elasticity of demand is the absolute value of the rate of change in quantity demanded. The value divided by the percentage of price change. The price elasticity of demand is the ratio of the rate of change in quantity demanded of a product to the rate of change in price. Economists use it to understand how supply and demand change when the price of a product changes.

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gretchen is preparing a sales presentation for the executive team. what organizational structure is she most likely to use?

Answers

Gretchen is preparing a sales presentation for the executive team. She should most likely use Matrix organizational structure.

The four forms of organizational structures are useful, multi-divisional, flat, and matrix structures. Others encompass round, group-based totally, and community structures.

Matrix organizational structure is a popular hybrid structure this is often used to streamline mission management. This version promotes collaboration between special groups and departments.

in which there may be a small wide variety of ranges within the hierarchy, the company is stated to be 'flat'. Flat establishments will generally tend to have wide spans of manipulation. In tall establishments, managers have smaller spans of manipulation (ie, fewer humans reporting at once to them).

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historically, the real return on treasury bills has been . multiple choice question. quite high negative misunderstood quite low

Answers

Historically, the real return on treasury bills has been quite low.

What is treasury?

⇒A treasury can be a finance ministry, a government agency responsible for taxation and finance or a site or place where treasure is held, such as cash or priceless objects. They could be individual property, religious treasure, or state or royal property. Treasurer is the customary title for the person in charge of a treasury. Especially if they are not an elected representative, this post may not always have the last say on what the treasury does. The word "treasury" first appeared in Classical times to refer to votive structures built to house offerings to the gods, such as the Siphnian Treasury in Delphi or the numerous structures of a similar design built in Olympia, Greece, by rival city-states to outdo one another during the prehistoric Olympic Games.

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i can add as many uncorrelated stocks as i want to my portfolio without any limit to diversification. true or false? group of answer choices

Answers

I can add as many uncorrelated stocks as i want to my portfolio without any limit to diversification.

The above statement is False.

What do you mean by portfolio?

A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.Portfolios come in three varieties: process, product, and display. All types include a developer, purpose, specific audience, and reflection section for considering the evidence, despite the fact that each type is written for a distinct audience.

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what categories of constraints to project plan implementation are noted in the module? explain each of them.

Answers

Financial, Priority, Time and Scheduling, Staffing, and Scope are the five categories of constraints that prevent the project plan from being implemented.

What kinds of restrictions prevent the project plan from being carried out?

Time, scope, and cost are the three main constraints that project managers should be aware of.

What exactly is a project plan and what can it accomplish?

A blueprint of the goals, objectives, and tasks your team needs to complete for a particular project is referred to as a project plan—also known as a work plan. The schedule, scope, due dates, and deliverables for each phase of the project lifecycle should be included in your project plan.

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the state of texas has one of the highest sales tax rates in the nation at 6.25 percent. this – tax can have another – added to it to help fund county and local governments.

Answers

With a 6.25 percent sales tax, Texas has one of the highest rates in the country. To assist finance county and municipal governments, an additional 2 percent can be applied to this regressive tax.

what is a regressive tax?

A tax is said to be regressive if it is levied in a way that the tax rate drops as the amount subject to taxation rises. When describing a distributional impact on income or spending, the term "regressive" refers to the rate's progression from high to low, causing the average tax rate to be higher than the marginal tax rate. An inverse connection exists between the tax rate and the taxpayer's capacity to pay, as indicated by assets, consumption, or income, which results in a higher burden (compared to resources) being placed on the poor than the affluent.

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a prospective entrepreneur is evaluating the suitability of his own characteristics for an entrepreneurial career. he realizes that he should be prepared to assume:

Answers

Entrepreneurs are frequently motivated by the desire to be regarded as a global authority in a certain industry.

What does an entrepreneur look like?

The best example of entrepreneurship is the beginning of a new business enterprise. Entrepreneurs, who are typically hailed as innovators or suppliers of novel thoughts, open the market to new ideas. It can be divided between tiny home-based companies and large international corporations.

What kind of behavior is entrepreneurial?

An individual's ability to create and/or build upon previously developed ideas in order to successfully market a good or service in a cutthroat market is referred to as entrepreneurial behavior.

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