In 1900,the Emergence of Research Laboratories in American Corporations

question 17

Multiple Choice

In 1900,the emergence of research laboratories in American corporations

• A) occurred as federal funding for research greatly expanded.
• B) led to a diversification of research interests.
• C) developed similar research goals as in Europe.
• D) was deemed unnecessary, since so many American university laboratories existed.
• E) centralized the sources of research funding.

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Definitions:

Jensen's Measure

A performance evaluation tool that measures the excess return of a portfolio above the expected return, accounting for risk.

Risk-Free Return

The theoretical return on an investment with zero risk, typically represented by government securities like Treasury bills.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than market volatility.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for the risk taken, considering systematic risk.