Promoting from Within Should __________ Be Regarded as an Act

question 177

Multiple Choice

Promoting from within should __________ be regarded as an act of discrimination because the information costs of inside versus outside employees are __________.

• A)always; the same
• B)always; higher for the insiders
• C)sometimes not; the same
• D)sometimes not; higher for the outsiders

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Definitions:

Ordinary Annuity

Regular payments of the same amount delivered at the close of successive intervals, across a specified timeframe.

Discount Loan

A loan where the interest and financing charges are deducted from the amount borrowed at the start of the loan period.

Annuity Due

A type of annuity where payments are made at the beginning of each period instead of the end, typical for insurance premiums.

Return Requirement

The minimum amount of profit an investor expects to make on an investment, which determines the worthiness of entering or continuing an investment.