Unlike the Situation with Exchange Rate Risk, There Is No

question 40

True/False

Unlike the situation with exchange rate risk, there is no uncertainty on the part of management for shareholder preferences regarding interest rate risk. Shareholders prefer that managers hedge interest rate risk rather than having shareholders diversify away such risk through portfolio diversification.

Understand the legal considerations in the recruitment process.

Appreciate the strategic importance of recruiting skilled and motivated workers.

Understand the limitations and constraints on the recruitment process.

Recognize the significance of job analysis information in recruitment.