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

question 115

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 offered stock options to their board members?

Understand data redundancy, its implications, and how it differs from data normalization.

Distinguish between various relationship types in databases and their practical implications.

Understand the organizational structure of databases, including key concepts like fields, records, and tables.

Understand different types of databases and their suitability for various tasks.

---

Definitions:

Inventory Carrying Costs

The total cost associated with holding inventory, including warehousing, insurance, depreciation, and opportunity costs.

Straight Salary

A compensation structure where employees are paid a fixed amount of money regularly, regardless of performance.

Commission

A form of payment to an employee or agent, typically a percentage of the value of the goods or services they have sold.

Level of Intangibility

The degree to which a product or service lacks physical substance, impacting how it is marketed and perceived by consumers.