Over the Past Four Years, Hi-Tech Development Stock Returned 36

question 60

Multiple Choice

Over the past four years, Hi-Tech Development stock returned 36.1, 42.9, 15.4, and -33.2 percent annually. What is the arithmetic average return?

• A) 15.30 percent
• B) 17.67 percent
• C) 20.53 percent
• D) 24.20 percent
• E) 32.25 percent

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Definitions:

Higher Wages

Increased compensation paid to workers, usually as a result of economic policies, bargaining agreements, or market conditions, leading to improved living standards.

Follow Demand

A strategy where production levels are adjusted in response to changes in market demand.

Self-Directed Teams

Groups of employees who are given autonomy to plan and manage their own work, often including the authority to make decisions about processes, tasks, and goals.

Employee Empowerment

A strategy where employees are given the authority and resources to make decisions and contribute to the company's success.