According to Weber's Ideal Characteristics of Bureaucracies,on What Basis Should

question 105

Multiple Choice

According to Weber's ideal characteristics of bureaucracies,on what basis should hiring be done?

• A)ascribed status only
• B)specific qualifications
• C)subjective factors only
• D)random selection,in order to ensure fairness

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Definitions:

Downside Exposure

The potential loss in value of an investment due to market declines, highlighting the risk in bearish scenarios.

VaR (Value At Risk)

A statistical technique used to measure and quantify the level of financial risk within a firm or investment portfolio over a specific time frame.

Returns

The profit or loss generated on an investment over a specific period, usually expressed as a percentage.

Sharpe Measure

A ratio used to evaluate the risk-adjusted return of an investment, calculated by subtracting the risk-free rate from the return of the investment and dividing by the investment's standard deviation.