Long-Run fiNancial Risk

question 226

Multiple Choice

Long-run financial risk:

• A) Includes conditions such as low grain prices in a particular year.
• B) Is easier to hedge over time than short-run financial risk.
• C) Is related more too near-term transactions than to advancements in technology.
• D) Generally results from changes in the underlying economics of a business.
• E) Can generally be hedged such that the financial viability of a firm is protected.

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Definitions:

Critical Incident Method

A performance appraisal method where significant (critical) positive or negative behaviors relevant to job success are recorded by supervisors or peers.

Critical Job Tasks

Essential duties and responsibilities that are key to the performance of a specific job role.

Psychological Importance

The significance or value given to a situation or object based on its impact on mental health or cognitive processes.

Job Title

A formal designation that reflects the nature of the job and the duties it involves, used as a means to categorize positions within an organization.