TABLE 4-9 A Survey Conducted by the Segal Company of New York

question 5

Short Answer

TABLE 4-9
A survey conducted by the Segal Company of New York found that in a sample of 189 large companies, 40 offered stock options to their board members as part of their non-cash compensation packages. For small- to mid-sized companies, 43 of the 180 surveyed indicated that they offer stock options as part of their noncash compensation packages to their board members.
-Referring to Table 4-9, if a company is selected at random, what is the probability that the company is small to mid-sized and did not offer stock options to their board members?

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Definitions:

Distance Learning Technology

Technologies designed to facilitate learning for students who are not physically present in a traditional educational setting.

Buying Center

A team within a company that is in charge of deciding what to buy.

Whole Grain Flour

A type of flour that includes all parts of the grain kernel, such as the bran, germ, and endosperm, offering more nutrients than refined flours.

Modified Rebuy

A buying situation in which an organization re-evaluates options for repurchasing a good or service.