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question 29

Multiple Choice

$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { ABC Limited: Order book }$
$\begin{array}{l}\begin{array}{|c|c|r|r|}\hline \begin{array}{c}\text { Price } \\\text { (to buy) }\end{array} & \begin{array}{c}\text { Quantity } \\\text { (to buy) }\end{array} & \begin{array}{c}\text { Price } \\\text { (to sell) }\end{array} & \begin{array}{c}\text { Quantity } \\\text { (to sell) }\end{array} \\\hline \$ 1.00 & 50000 & \$ 1.10 & 25000 \\\hline \$ 0.90 & 25000 & \$ 1.20 & 50000 \\\hline \$ 0.80 & 50000 & \$ 1.30 & 100000 \\\hline\end{array}\end{array}$
-Given the order book for ABC limited,suppose a market order arrives to buy 100 000 shares.What is the cost of the 100 000 shares to the trader?

• A) \(\$ 120000\)
• B) \(\$ 90000\)
• C) \(\$ 80000\)
• D) \(\$ 130000\)

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Definitions:

Formal Systems

Structured and officially sanctioned procedures, rules, and policies designed to organize and regulate organizational operations and behavior.

Patterns of Activity

Recurring behaviors or actions undertaken by individuals or groups in specific contexts.

Power Bases

The sources of influence and authority an individual or organization possesses.

Self-interested Politics

Actions within an organization where individuals or groups prioritize their own interests over the collective good.