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Company XYZ Is Made Up of 40 Senior and Mid-Level

question 7

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Company XYZ is made up of 40 senior and mid-level executives who are all men, and 45 administrative assistants who are all women.The president of the company, to show he is all about equal opportunity, agrees to hire a woman executive.What is this hiring practice an example of?


Definitions:

Treasuries

Government bonds issued by the U.S. Department of the Treasury, considered low-risk investment products.

Relative Value Strategy

An investment strategy that seeks to identify price discrepancies between related financial instruments, such as between stocks and bonds or among different securities in the same sector.

S&P 500 Futures Contracts

Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to bet on the direction of the U.S. stock market.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than market volatility.

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