Use the Table for the Question(s)below

question 89

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:

-The covariance between ANZ and WOW's returns is closest to:

• A)0.12.
• B)0.29.
• C)0.10.
• D)0.69.

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Definitions:

Formal Structure

The officially designated arrangement of roles and responsibilities within an organization, typically outlined in organizational charts and documents.

Unity of Command

A principle stating that each employee should report to one and only one manager to avoid confusion and conflict.

Managerial Authority

The power vested in managers to make decisions and direct resources to achieve organizational goals.

Procedures

Established methods for conducting tasks or activities within an organization, aimed at achieving consistency and efficiency.