Ryan Is Interested in Working at a Multinational Corporation as a Manager

question 91

Multiple Choice

Ryan is interested in working at a multinational corporation as a manager. In order to increase his chances of getting hired there, he has enrolled in the Business Administration program at his university. What is he investing in by going to university?

• A) cultural capital
• B) developmental capital
• C) social capital
• D) human capital

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Definitions:

Utility Function

A mathematical representation of how a consumer derives satisfaction from consuming goods or services, showing their preferences.

Aversion to Risk

The inclination to avoid taking risks, preferring safer or more certain outcomes over uncertain ones.

Risk Neutral

An investor who finds the level of risk irrelevant and considers only the expected return of risk prospects.

Expected Return

The weighted average of all possible returns for a given investment, based on probabilities of outcomes.