Which of the Following Is the Primary Reason the CEO

question 3

Multiple Choice

Which of the following is the primary reason the CEO of a large company such as Tim Hortons would push decisions as far down the hierarchy as he or she can?

• A) to develop managers
• B) to make decisions more quickly
• C) to appear more Canadian and thereby increase sales
• D) to save himself or herself the trouble of making these decisions

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Definitions:

Short Position

An investment strategy where an investor sells a security with the intention to buy it back later at a lower price, expecting the security's price to fall.

Negative Alphas

A metric indicating that an investment has underperformed relative to its benchmark, adjusted for the level of risk.

Go Long

An investment strategy where an investor buys shares or securities with the expectation that their price will rise over time.

Sell Short

The sale of a security that the seller does not own at the time of the sale, typically with the intention of buying it back later at a lower price to make a profit.