Exhibit 14 -Refer to Exhibit 14

question 14

Multiple Choice

Exhibit 14.11
Use the Information Below for the Following Problem(S)
$\begin{array}{lcc}\text { Investment } & \text { Beta } & \text { Analyst's Estimated Return } \\\hline \text { Stock } \mathrm{X} & 2.3 & 15.5 \% \\\text { Stock } \mathrm{Y} & 1.2 & 13.6 \% \\\text { Market Portfolio } & 1.0 & 11.5 \%\end{array}$

-Refer to Exhibit 14.11.What is the required rate of return for Stock X based on the capital asset pricing model (CAPM) ?

• A) 15.5%
• B) 17.3%
• C) 21.3%
• D) 26.5%
• E) 30.5%

Distinguish between environmental factors and personal or internal factors affecting small businesses.

Analyze the role of personal characteristics in successful entrepreneurship.

Understand the concept of a triggering event in the start-up process.

Differentiate between entrepreneurs and small business managers/owners.

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Definitions:

Interview Scores

Numerical or qualitative assessments derived from candidate interviews, used to evaluate and compare job applicants.

Selection Procedures

The methods and processes used by organizations to choose the most suitable candidates for a job from a pool of applicants.

Validity

The accuracy and reliability of a test or measurement.

Inter-Rater Reliability

A measure of the consistency with which different judges or assessors evaluate the same performance or outcome.