A Stock That Typically Sells for Less Than $5 Per

question 75

Multiple Choice

A stock that typically sells for less than $5 per share (or in some cases, less than $1 per share) is called a(n) _______ stock.

• A) blue chip
• B) income
• C) micro cap
• D) midcap
• E) penny

---

Definitions:

National Cultural Differences

Variations in the customs, values, traditions, and social behaviors that exist between countries or cultures.

Global Strategy

A business approach that considers the entire world as a potential market and integrates operations and strategies across countries to achieve competitive advantage.

Minimum Wage Rates

The lowest legal hourly pay that employers can offer to workers.

Wage Adjustment

Modifications or changes made to an employee's pay rate to reflect factors such as market trends, cost of living increases, or performance.