What Was the Most Important Lesson Learned by Management in the Wake

question 35

Multiple Choice

What was the most important lesson learned by management in the wake of the 1970 Lordstown riots?

• A)the benefits of civil rights legislation
• B)the value of having highly educated auto workers
• C)not to pay workers too well
• D)the need to give workers even better pay and longer vacations to keep them content
• E)the need to attend to workers' intrinsic as well as extrinsic motivation

---

Definitions:

Available-for-Sale Securities

Financial assets that are neither held for trading purposes nor intended to be held to maturity, which can be sold in response to liquidity needs.

Held-to-Maturity Securities

Financial assets that the holder has the positive intent and ability to hold until a specified maturity date.

Debt Securities

Financial instruments that signify amounts owed by the issuer to the holder and include terms regarding repayments and interest rates.

Trading Securities

Financial assets bought and held primarily for sale in the short term to generate income on short-term price differences.