You Have Just Received Seed Money for a New Internet

question 29

Multiple Choice

You have just received seed money for a new Internet business and you want to hire a dozen people with a lot of creative potential.To hire the most creative people,you would select applicants who:

• A)have no experience in this industry,have high analytic intelligence,and have a relatively low need for achievement.
• B)value self-direction,have a high degree of nonconformity,and have a relatively low need for affiliation.
• C)have strong mental models regarding their field of knowledge,have high synthetic intelligence,and have a relatively low need for social approval.
• D)try to avoid taking risks,have a high need for achievement,and have a high need for social approval.
• E)have none of these sets of characteristics.

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Definitions:

Stock Prices

Stock prices represent the current market price for a share of a company's stock, reflecting the value that the market places on the company's future financial prospects.

Short and Long Run

Terms used in economics to distinguish between time periods; the short run considers some factors as fixed, while in the long run, all factors of production are variable.

Loan Covenant Violations

Occur when a borrower fails to meet one or more conditions of the loan agreement, potentially leading to penalties or the loan being called due.

Accounting Changes

Amendments in accounting principles, estimates, or the reporting entity that affect the financial statements of a company.