_____________Is the Term Used When the Personal and Corporate Goals

question 50

Multiple Choice

_____________is the term used when the personal and corporate goals of the managers of an entity are consistent with the goals of the organisation.

• A) Co-ordination
• B) Master budgeting
• C) Goal congruence
• D) A balanced scorecard

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Definitions:

Time Premium

The difference between intrinsic value and the option price.

Call Option

A financial contract that gives the purchaser the right, but not the obligation, to buy an asset at a predetermined price before or at the expiration date.

Put Option

A financial contract giving the option holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Call Option

A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period.