A Policy or Program Designed to Redress Historic Injustices Committed

question 37

Multiple Choice

A policy or program designed to redress historic injustices committed against specific groups by making special efforts to provide members of these groups with access to educational and employment opportunities is known as

• A)reparations.
• B)affirmative action.
• C)reparative undertakings.
• D)quota systems.
• E)supportive redistribution.

Understand the principles of Modigliani & Miller (M&M) Propositions I & II without taxes, specifically regarding the irrelevance of capital structure.

Comprehend the effect of leverage on the cost of equity according to M&M Proposition II with no taxes.

Grasp the impact of debt financing on a firm's value and the cost of capital when taxes are considered.

Recognize the difference between business risk and financial risk, and their determinants.

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Definitions:

Impairs Performance

Describes the reduction in the efficiency or effectiveness of performance due to various factors such as stress, inadequate resources, or environmental conditions.

Dysfunctional

Behaviors or structures within an organization that hinder progress or performance rather than assist it.

Role Conflicts

Occurs when an individual experiences incompatible demands from different roles they fulfill, leading to stress or difficulty in performing effectively.

Role Ambiguities

A situation where the functions and responsibilities of a job are unclear to the employee, leading to confusion and potentially decreased job satisfaction.